All the headlines from our Florida Topic Page, ordered by recency.
Feb 27 2024 // (Bloomberg) — When Chris Malachowsky, a billionaire founder of chip giant Nvidia Corp., bankrolled one of the world’s biggest supercomputers at the University of Florida, Ron DeSantis predicted the machine...
Feb 27 2024 // The continuing saga of the Houston-based plaintiffs’ law firm of McClenny Moseley & Associates, suspended and sanctioned for flooding courts with erroneous lawsuits against property insurers in Louisiana, has...
Feb 26 2024 // Some of the most insidious and damaging species of termites are spreading across Florida, causing damage to homes as swarming season approaches in March, experts say.The South Florida Sun Sentinel reported that...
Feb 26 2024 // Florida Peninsula Insurance Co., one of Florida’s larger residential insurers, has named attorney Nancy Staff to be director of corporate compliance.The position is a new one for Florida Peninsula, where Staff will...
Feb 23 2024 // FORT LAUDERDALE, Fla. (AP) — The collapse of a sand hole that killed a 7-year-old Indiana girl who was digging with her brother on a Florida beach is an underrecognized danger that kills and injures several children a...
Feb 23 2024 // Florida bills that target litigation financing, which seemed to be on their way to quick approval a week ago, have all but foundered in the state Capitol.House Bill 1179, by Rep. Toby Overdorf, and its companion, Senate...
Feb 23 2024 // In the glittering world of high-end south Florida real estate, One Sotheby’s International Realty is known as one of the biggest players in the market. This month, the firm is handling the rental of NBA superstar...
Feb 22 2024 // When Allstate’s Florida unit, Castle Key Indemnity Co., entered the surging condominium insurance market in 2020, it looked like it had made a smart bet: Within two years, the carrier had added no fewer than 123,000...
Feb 21 2024 // Florida-based King Insurance Partners reports it has acquired Mehta Insurance Agency, located in Absecon, New Jersey.Mehta Insurance Agency’s offerings include business, flood and life insurance. Sunil Mehta said...
Feb 20 2024 // A move to revamp the state-backed property insurer of last resort into Florida’s main wind carrier, a plan dubbed “Citizens 2.0,” appears to have died in the Legislature this year. But other...
Feb 16 2024 // Tallahassee, FL, February 16, 2023 — Florida is witnessing a surge in educational initiatives supporting the growth of the risk management and insurance (RMI) profession.The surplus lines market has more than doubled...
Feb 16 2024 // Six weeks after Trusted Resource Underwriters Exchange, a Florida-based reciprocal property insurer, announced it had received a $1.25 billion capital investment and new majority ownership, the AM Best rating firm has...
Feb 15 2024 // Workers who help bring Disneyland’s beloved characters to life — including Mickey Mouse, Donald Duck and Cinderella — are looking to unionize.Labor organizers announced the campaign, saying performers want better...
Feb 14 2024 // The excess and surplus lines market continued to grow in 2023, with premium reaching nearly $73 billion according to data from 15 state surplus lines office release by the Wholesale & Specialty Insurance Association...
Feb 14 2024 // (Bloomberg) — Florida’s southwestern coast — long one of America’s fastest-growing regions — is losing some of its boomtown swagger as a home-insurance crisis and other soaring costs make homes...
Feb 13 2024 // No one can predict the future, but insurance professionals are likely the best qualified when it comes to predicting risk. For this special report, Insurance Journal magazine asked industry thought leaders their...
Feb 13 2024 // The Florida Office of Insurance Regulation next week will hold hearings on two property insurers’ requests for 54% average rate increases, one of which has already affected more than 105,000 condominium unit...
Feb 12 2024 // NAPLES, Fla. (AP) — A pilot and co-pilot were identified as the two killed in a fiery plane crash on a Florida highway, law enforcement officials said.The Collier County Sheriff’s Office identified Edward Daniel...
Feb 9 2024 // Two pieces of legislation that could help reduce losses and litigation costs for insurance carriers are moving in the Florida Legislature: Litigation funding restrictions and changes to the state’s home-hardening...
Feb 9 2024 // Along with hurricanes and litigation, Floridians and their insurers can now add another potential concern: earthquakes. The National Weather Service reported that a 4.0 magnitude temblor, one of the largest recorded in the...