All the headlines from our Florida Topic Page, ordered by recency.
May 7 2024 // An updated guideline from Fannie Mae, if it stands, could throw a wrench into the property-casualty insurance industry’s move toward actual cash value for more homeowners and condo coverage.A Fannie Mae spokesperson...
May 6 2024 // Berkshire Hathaway continued to deliver eye-popping results for its insurance and reinsurance operations during the first quarter of 2024, with underwriting profits for personal auto insurer GEICO and reinsurance...
May 6 2024 // Call it the effects of wage creep during the pandemic, along with a little bit of creep in the duration of benefits.Employers and insurers in Florida saw a 7% increase in total cost per workers’ compensation claim in...
May 6 2024 // Strategic Risk Solutions, Garnet Captive Insurance ServicesStrategic Risk Solutions (SRS) reported it has agreed to acquire Garnet Captive Insurance Services, a Philadelphia, Pennsylvania, firm that partners with select...
May 3 2024 // Heritage Insurance Holdings Inc. (HRTG) on Wednesday reported earnings of $14.2 million in its first quarter of this year, about the same as earnings for Q1 of 2023, but down from the $31 million in net income reported for...
May 2 2024 // TALLAHASSEE, Fla. (AP) — Florida, perhaps the most vulnerable state to sea-level rise and extreme weather, is on the verge of repealing what’s left of a 16-year-old law that lists climate change as a priority when...
May 1 2024 // A sting operation in Manatee County, Florida, has led to the arrest of 16 men who were working without a contractor’s license and without securing workers’ compensation insurance on their employees.The sting...
May 1 2024 // Florida and federal health officials have determined that 15 infections from drug-resistant bacteria have been linked to a south Florida clinic that performed Brazilian “butt lift” surgeries in 2022 and...
Apr 30 2024 // Current and former leaders with Florida property insurers have had some strong reactions to state regulators’ recent efforts to oust company executives who previously helmed now-insolvent carriers. Some have called...
Apr 29 2024 // Florida’s governor has signed two bills that will provide more matching grants for homeowners and condominium associations to fortify properties against the growing threat of windstorms.Senate Bill 7028 will send an...
Apr 29 2024 // The Florida Supreme Court has given auto insurers more flexibility in reducing payments for medical services under the state’s no-fault auto insurance law and may have finally put to rest years of questions about the...
Apr 26 2024 // Texas-headquartered Higginbotham, one of the largest independent insurance and benefits firms, has added Adams Benefits of Boca Raton, Florida, to its team, the company said in a news release. The move marks an expansion...
Apr 26 2024 // An employer cannot deny a workers’ compensation claim on the grounds that a shooting injury was not work-related then turn around and argue it has immunity from a tort lawsuit because the incident happened at work, a...
Apr 25 2024 // Two south Florida lawsuits against property insurers argue that two major carriers employed a business strategy of hiring inexperienced or even unlicensed claims adjusters after storms, practices that have led to...
Apr 24 2024 // Researchers at Florida Atlantic University are using a $1.3 million grant to see if huge blobs of seaweed can be harvested to help mitigate the economic impact on Florida beaches.The FAU Harbor Beach Oceanographic...
Apr 23 2024 // As time passes after hurricanes, new analysis by Stanford University researchers shows perception of personal risk, including the likelihood of injury and home damage, decline.The findings suggest that programs and...
Apr 23 2024 // Three investment firms connected to some of the best-known names on Wall Street have upped the ante in a legal dispute over now-insolvent Lighthouse Property Insurance Corp., based in Tampa.Fortinbras Enterprises, the...
Apr 22 2024 // A subsidiary of Arbol Inc., a firm that has specialized in climate risks for businesses, including parametric insurance products, has acquired Sarasota, Florida-based Centauri Insurance from Applied Underwriters.The...
Apr 19 2024 // A former Congressman from North Carolina may soon be facing higher auto insurance premiums after he slammed into the back of a Florida state trooper’s patrol car on Interstate 75 near Naples.Madison Cawthorn, 28, who...
Apr 18 2024 // Few people in Florida and California will be surprises to hear that the majority of homeowners in those states have been affected by rising property insurance costs.A survey by Redfin, a U.S. real estate broker, found that...