All the headlines from our Florida Topic Page, ordered by recency.
Apr 6 2017 // The Florida Office of Insurance Regulation (OIR) has launched a new webpage as part of its efforts to educate Florida consumers about the state’s ongoing challenges with assignment of benefits abuse.The AOB resource...
Apr 5 2017 // A bill backed by the insurance industry to curb the abuse of Florida’s one-way attorney fee statute in assignment of benefit claims has stalled as lawmakers opted to instead advance what the insurance industry and...
Apr 3 2017 // Private equity firm KKR and Canadian pension fund Caisse de depôt et placement du Quebec (CDPQ) have agreed to buy USI Insurance Services from Onex Corp. in a $4.3 billion deal, including debt.The deal is the latest in a...
Apr 3 2017 // Ratings company Demotech is holding off on issuing large-scale ratings downgrades of Florida property insurers for now, after a number of insurers heeded its warning about the effects of assignment of benefits abuse and...
Apr 2 2017 // A former Florida insurance agent has been convicted and sentenced to four years in prison for stealing more than $100,000 from two elderly clients, according to a statement from the state’s Chief Financial Officer...
Mar 31 2017 // Florida officials say they’re continuing aggressive efforts to stop the spread of the Zika virus.Gov. Rick Scott met Monday with Miami-Dade County officials to discuss Zika preparedness ahead of Florida’s rainy...
Mar 30 2017 // As the Florida property market fights what has so far been a losing battle against attorneys and unlicensed contractor firms over water loss claims and assignment of benefits (AOB), Citizens Property Insurance Corp.,...
Mar 29 2017 // Citizens Property Insurance Corp. will post a net loss for 2016, its first loss in more than a decade, as water loss claims, assignment of benefit (AOB) abuse and litigation costs increasingly impact the company’s...
Mar 29 2017 // A lawsuit brought by victims of the Orlando nightclub massacre against the gunman’s employer and wife was withdrawn from federal court and filed in state court in South Florida on Monday.Attorneys for 61 Pulse...
Mar 28 2017 // The smell of smoke is in downtown Orlando.On Sunday, a brush fire caused a part of State Road 528 to be shut down between Orlando and the Space Coast. A fire burned last week near the north-central Florida town of Bunnell...
Mar 28 2017 // Specialty property and casualty insurance holding company 1347 Property Insurance Holdings, Inc., (PIH), which currently offers insurance to individual and commercial customers in Louisiana and Texas through its...
Mar 27 2017 // Baldwin Risk Partners, a Tampa, Fla.-based insurance distribution holding company, has partnered with Bradenton Insurance LLC, of Bradenton, Fla., adding the agency to its group of companies.Bradenton Insurance has been a...
Mar 27 2017 // SUNZ Holdings of Bradenton, Fla., has appointed Michael W. Grandstaff to the position of chief financial officer and executive vice president of SUNZ Holdings, and chief financial officer of SUNZ Insurance Co.Grandstaff...
Mar 24 2017 // Florida Forest Service officials say a 400-acre brush fire has forced the evacuation of a neighborhood and threatened or burned up to 15 homes.Nassau County Emergency Management Director Billy Estop ordered residents of...
Mar 24 2017 // A small, all-natural dairy isn’t being deceptive when it calls its skim milk “skim milk,” a federal appeals court has ruled – a victory for a Florida creamery that fought the state’s demand to...
Mar 23 2017 // A resident in Orange County, Florida, is alleged to have committed an insurance scheme that included having his car stolen and destroyed to collect an insurance payout.Chief Financial Officer Jeff Atwater announced the...
Mar 21 2017 // The Walt Disney Co. has agreed to pay $3.8 million in back wages to Florida workers for violating minimum wage and overtime rules as part of an agreement with the U.S. Department of Labor.The federal agency said Friday...
Mar 17 2017 // Ratings company Demotech is holding off on issuing large-scale ratings downgrades of Florida property insurers for now, after a number of insurers heeded its warning of last month about the effects of assignment of...
Mar 17 2017 // Current Chairman and President of Lighthouse Property Insurance Corp., Patrick L. White, has acquired an 89 percent ownership stake in Prepared Holdings, LLC and its wholly-owned subsidiaries including Prepared Insurance...
Mar 16 2017 // A central Florida man is suing a mining company that he says built homes over former phosphate mines and didn’t warn homeowners about health hazards. Lakeland homeowner John Jerue filed the lawsuit last week against...