Latest Florida Headlines

All the headlines from our Florida Topic Page, ordered by recency.

Assurant Joins Florida’s Private Flood Market

Jun 6 2016 // Assurant, Inc. has launched Assurant Primary Flood Insurance for Florida customers.The new Assurant Primary Flood Insurance offers structural coverage up to $800,000 and up to $250,000 in contents coverage, at competitive...

Fitch: Florida Specialist Insurers Largely Untested By Hurricanes

Jun 2 2016 // The majority of Florida’s homeowner specialist insurers have brief histories, and their ability to manage a large catastrophic hurricane is uncertain despite recent strong performance, according to a new report from...

Tower Hill Insurance Launches Private Flood Program in Florida

Jun 2 2016 // Tower Hill Insurance has expanded its residential property insurance coverage offerings in Florida to include stand-alone flood policies with coverage up to $5 million. Standard coverage through the National Flood...

Reinsurance Rates Continued Stabilization Trend at June Renewal; Florida Down Just 3.1%: JLT

Jun 1 2016 // Reinsurance rate declines continued to slow at the June 1 renewal, reaffirming a trend of gradual price stabilization that first emerged during last year’s June renewal season, according to reinsurance brokerage JLT...

Atlantic, Gulf States, Metro Areas Ranked by Homes Exposed to Storm Surge: CoreLogic

Jun 1 2016 // More than 6.8 million homes on the Atlantic and Gulf coasts are in danger of hurricane storm surge damage. The total cost for reconstruction of the homes located in 19 states and the District of Columbia is more than $1.5...

Risk Strategies Establishes Florida Footprint With Acquisition of Atlass Insurance

Jun 1 2016 // Risk Strategies Company, a privately held, national insurance brokerage and risk management firm, has acquired Florida-Based Atlass Insurance Group, significantly adding to the resources of its Private Client...

NCCI Seeks to Raise Florida Workers’ Comp Rates by 17% in Light of Court Ruling

May 31 2016 // Florida businesses could soon be paying almost 20 percent more for workers’ compensation coverage. In response to a recent decision from the Florida Supreme Court, the National Council on Compensation Insurance...

Florida ‘Drug Pusher’ Doctor Sentenced to 25 years for Patient Deaths

May 26 2016 // A federal judge in Tampa, Fla., has sentenced a 76-year-old doctor to 25 years in prison for the deaths of three patients who were prescribed pain medications at his clinic. U.S. District Judge James D. Whittemore told...

Citizens Board Approves $2.46B Risk Transfer Program for 2016 Hurricane Season

May 25 2016 // Florida’s Citizens Property Insurance Corporation’s Board of Governors has approved a $2.46 billion risk transfer program as the state heads into the 2016 hurricane season, the insurer said in a statement.By...

The Villages Insurance Hires Shannon as Advisor in Florida

May 24 2016 // The Villages Insurance Agency has hired Jason Shannon as advisor for its Commercial Risk Management Division. The Commercial Risk Management Team specializes in protecting business owners and their employees...

New Florida Insurance Commissioner Altmaier Takes the Reins

May 23 2016 // After nearly 13 years, Florida has a new insurance commissioner. The Florida Cabinet appointed David Altmaier April 29 to succeed long-time insurance commissioner Kevin McCarty, who announced earlier this year that he...

Business Moves

May 23 2016 // Confie, Automobile Insurance Specialists Inc., Trinity Insurance LLC, Whitehead Insurance Inc.Confie has acquired three insurance agencies in Las Vegas, South Florida, and Washington State. Confie acquired the assets of:...

PartnerOne Environmental Adds Huitt, Maxwell to New Jacksonville, Florida Office

May 22 2016 // PartnerOne Environmental has opened a new regional office in Jacksonville, Fla., and added Michelle Huitt as assistant vice president and Marie Maxwell as underwriter. The new team members will help manage the PartnerOne...

Florida Construction Company Owner Nabbed in Workers’ Comp Fraud Scheme

May 22 2016 // The owner of a construction company in Naples, Fla., was arrested this month for an alleged workers’ comp scheme, according to an announcement from Florida Chief Financial Officer Jeff Atwater.Raimundo...

Report: Florida Boating Accidents Increase, Fatalities Decline

May 20 2016 // A report shows the number of boating accidents in Florida sharply increased in 2015 over 2014, despite there being a 25 percent decrease in fatalities.The Florida Fish and Wildlife Conservation Commission says in a...

Nenezian to Retire from Florida-Based NSI Insurance, Seikaly Becomes Chairman

May 20 2016 // Oscar Seikaly has purchased the remaining stake in Florida-Based NSI Insurance Group from long-time partner and company founder George Nenezian, who concurrently announced his retirement. A privately held insurance agency,...

RMS Opens New Office in Tallahassee, Florida

May 19 2016 // RMS, a global catastrophe risk management firm, has opened a new office in Tallahassee, Florida after the acquisition of HWIND Scientific in October 2015.According to a statement from RMS, the new Florida office gives it...

Brightway Insurance Adds New Agency Owners in Florida, North Carolina

May 19 2016 // Brightway Insurance, a national property/casualty insurance retailer selling through a network of franchised independent agencies throughout the country, has added new agency owners in North Carolina and Florida.New owners...

House, Senate Republicans Divided Over Zika Funding

May 18 2016 // House and Senate Republicans can’t get on the same page when it comes to fighting the Zika virus — and Democrats are pouncing.The Senate, on a 68-29 vote, advanced $1.1 billion of the administration’s...

Florida Insurance Agent Sentenced to 7 Years for Insurance Fraud

May 18 2016 // The Florida Department of Financial Services, Division of Insurance Fraud, which operates under the direction of CFO Jeff Atwater, announced the conviction and sentencing of former Orlando insurance agent Mario Ferreri....