Florida Association of Insurance Agents News

ARC, FAIA to Offer Parametric StormPeace Coverage to Florida Member Agents

The Florida Association of Insurance Agents (FAIA) and Assured Risk Cover (ARC) have formed an agreement that grants FAIA member agents access to the StormPeace parametric insurance product that pays out-of-pocket expenses not covered by homeowners insurance. StormPeace automatically pays …

Florida Agents Putting New Law to Work to Attract Millennials to Insurance Careers

Florida insurance agents are trying to bolster the industry’s track record in attracting college graduates by employing a new state law that aligns college courses with the state’s licensing requirements. The insurance workforce development law, passed in 2015, gives the …

McCarty Replacement Rumors Start Swirling; Successor Has ‘Huge Shoes to Fill’

Florida Insurance Commissioner Kevin McCarty’s successor has yet to be announced, but whoever takes over will have his or her work cut out for them when McCarty leaves office after 12 years on May 2. “These are some pretty huge …

Florida Governor Signs State Insurance Licensing, Workforce Development Bill

The Florida Association of Insurance Agents (FAIA) is celebrating the passage of House Bill 1133, a bill it sponsored in cooperation with the Florida Department of Financial Services. Passed overwhelmingly by Florida lawmakers, the bill was signed by Florida Gov. …

Florida Agents, Adjusters Face Continuing Education, Licensing Changes

A new Florida law seeks to reduce the regulatory burden on agents and adjusters by consolidating some licenses and revamping the education classes they must take to conduct business in the state. Among the changes: insurance adjusters and agents operating …

Insurance Executives Urge Political Stability in Florida

Until Florida creates an atmosphere of political and regulatory stability, and allows companies to turn a profit, the private market will remain reluctant to write homeowners in the state, said a panel of insurance executives. Speaking at the Florida Association …

Gov. Scott to Florida Insurance Agents: There’s More Work Ahead

Florida has made a good start on addressing some of the state’s most pressing insurance issues such as pursuing ways to depopulate the state-backed homeowners insurer and reforming the no-fault auto insurance law, but more remains to be done, says …