All the headlines from our Florida Topic Page, ordered by recency.
Jan 27 2020 // The scum of blue-green algae was so thick and invasive in Florida two years ago that it suffocated fish by the thousands. Birds dropped dead. And people stayed out of the water.Offshore, a toxic swarm of rust-colored...
Jan 27 2020 // Florida lawmakers are considering a number of insurance-focused issues over the course of the 60-day 2020 Legislative Session that started Jan. 14. At the top of the list for industry and consumer advocates are reforms to...
Jan 24 2020 // After years of mostly ignoring climate change, Florida lawmakers waded deeper into the matter on Tuesday, advancing a proposal that would create a statewide Office of Resiliency and establish a task force to begin looking...
Jan 23 2020 // The credit ratings of homeowners insurer Florida Family Insurance Co. and its subsidiary, Florida Family Home Insurance Co., have been downgraded by AM Best due to a deterioration in underwriting results for the insurer....
Jan 23 2020 // Flooding due to climate change-related sea level rising, the erosion of natural barriers and long-periods of rain pose substantial economic risks to Florida, particularly to the value of South Florida real estate,...
Jan 21 2020 // Acentria Insurance, an insurance agency operating in the Southeastern United States, has made executive leadership promotions in preparation for its plans grown and expand within the marketplace.Effective immediately,...
Jan 21 2020 // Two Florida women have been accused of lying about damage caused by Hurricane Irma in separate cases, federal prosecutors announced last week.Indictments were returned charging Bernita Willette Carswell, 36, of...
Jan 17 2020 // Coastal Insurance Underwriters, Inc., a Ponte Vedra Beach Florida based MGU and program administrator, acquired the assets of Cybercom International Corp. on Jan. 2, 2020.Cybercom International Corporation, Inc. (CIC) was...
Jan 16 2020 // Renaissance Alliance Insurance Services, a national membership alliance for independent insurance agencies, has announced that five independent insurance agencies joined its network. New member agencies are in...
Jan 16 2020 // The Florida insurance industry will be focused on several key issues this session, including reform for auto glass (windshield) assignment of benefits (AOB) abuse, reforms to the state’s legal system, as well as...
Jan 16 2020 // The Florida Legislature started its 2020 legislative session this week and lawmakers are set to consider a number of insurance-focused issues over the course of the 60-day period. At the top of the list for industry and...
Jan 15 2020 // Two Florida-based homeowners insurers, Anchor Property & Casualty and Anchor Specialty Insurance, have succumbed to market pressures in the state and will be acquired by other companies.Tampa, Fla.-based HCI Group has...
Jan 14 2020 // Demotech began involvement with the Florida homeowners’ insurance market at the State of Florida’s invitation in 1996 and today reviews and rates 46 insurers that write approximately 66% of Florida’s...
Jan 10 2020 // A small ocean-side town in South Florida has created a “resilience fund” that will be used to help residents adapt to climate change in a first-of-its-kind effort.The town of Surfside’s fund will be used...
Jan 9 2020 // The rating agency responsible for assigning financial stability ratings (FSR) to more than 40 Florida domestic insurers has warned that several carriers will receive downgrades due to deteriorating conditions in the...
Jan 9 2020 // New York Gov. Andrew Cuomo is proposing an aggressive climate change-fighting campaign for his state that includes a $3-billion bond act that would be put on the ballot this November.Cuomo, who says that money would go to...
Jan 7 2020 // Plans to rehabilitate Florida auto insurer Windhaven Insurance Co. have been deemed “useless” and the company will instead be liquidated.In a Jan. 6 order, Leon County Court Judge Ronald W. Flury said the...
Jan 7 2020 // The National Weather Service said a tornado touched down in a central Florida community Saturday and caused around $20,000 in damage to city property.The National Weather Service confirmed the tornado traveled a quarter of...
Jan 7 2020 // AssuredPartners, Inc. has acquired Star & Shield Insurance Services located in Tallahassee, Fla. The team of 11 will remain under the operational leadership of Frank Russo and Allyson Olver. The agency currently...
Jan 7 2020 // Maximum, an independent, Chicago-based excess and surplus lines wholesaler, has hired Kevin Burns to its Tampa, Fla.-based team. Kevin Burns Burns has nearly a decade of experience in the property and casualty sector and...