All the headlines from our Florida Topic Page, ordered by recency.
Dec 24 2014 // A South Florida man who two years ago won a U.S. Supreme Court case over the difference between a floating home and a vessel has lost a legal battle against the city of Riviera Beach.A federal jury last week sided with the...
Dec 23 2014 // Florida’s workers’ compensation market remains competitive and well-capitalized, with loss ratios that are among the lowest among larger states, according to the latest report from the state’s insurance...
Dec 23 2014 // Homeowners Choice Property & Casualty Insurance Co. Inc. said it has assumed 36,000 policies from Florida’s Citizens Property Insurance Corp., of which an estimated 30,000 are wind-only.The assumptions, effective...
Dec 17 2014 // The owners of a multistate chain of nursing homes may have committed fraud by transferring liabilities to a shell company that later lost more than $2 billion in jury verdicts to families who claimed relatives died of...
Dec 16 2014 // Auto insurance giant Progressive Insurance is enhancing its homeowners insurance offerings by acquiring controlling interest in a Florida-based group of insurers now selling homeowners, renters, condo, umbrella, flood and...
Dec 15 2014 // Florida’s largest private insurer has raised $19 million through a privately negotiated stock deal with an investment firm that specializes in natural catastrophe reinsurance and weather risk.Universal Holdings Inc...
Dec 15 2014 // Fort Worth, Texas-based InsureZone, a national brokerage and agency network, has launched operations in Florida. The new operation, Florida InsureZone Direct (IZD), is targeting small-to-midsized insurance agencies,...
Dec 15 2014 // The Property Casualty Insurers Association of America (PCI) has named Hilary Segura and Logan McFaddin to its state government relations team.Segura and McFaddin assume regional staff duties overseeing states in the...
Dec 15 2014 // The Florida Office of Insurance Regulation has approved an overall decrease of 5.2 percent in workers’ compensation insurance rates in Florida, the first decrease in four years. As expected, The National Council on...
Dec 15 2014 // The Florida Supreme Court is considering whether to declare the state’s workers’ compensation attorney fee schedule unconstitutional.The court recently heard arguments in a case (Castellanos v. Next Door...
Dec 15 2014 // Data and analytics provider CoreLogic has named Lindene Patton global head of hazard product development for its insurance and spatial solutions business.Patton will lead development and research analytics for natural...
Dec 11 2014 // Faced with a rising number of consumer complaints, Florida’s state-backed property insurer has announced a series of changes to its takeout program. The news comes as the insurer said it is highly unlikely to need...
Dec 9 2014 // The Florida Office of Insurance Regulation (OIR) has approved the removal of up to 132,441 personal residential policies and 500 commercial residential polices from Citizens Property Insurance Corp. as part of the...
Dec 9 2014 // After a woman’s vehicle struck and killed a black bear on a road in the Florida Everglades, three others from another vehicle who tried to help the woman were then killed by a third vehicle.Several others were...
Dec 5 2014 // Fort Worth, Texas-based InsureZone, a national brokerage and agency network, has launched operations in Florida.The new operation, Florida InsureZone Direct (IZD), is targeting small-to-midsized insurance agencies,...
Dec 4 2014 // S&S Insurance Solutions of Florida, a division of East Providence, Rhode Island-based Starkweather & Shepley Insurance Brokerage, has acquired Imperial Insurance of Naples, Florida. Terms of the transaction were...
Dec 2 2014 // Regions Insurance, an affiliate of Regions Bank, has opened an office in St. Petersburg, Florida after agreeing to purchase the accounts of Teaberry Health and Welfare Benefits Practice.Financial terms of the agreement...
Dec 1 2014 // The Florida Supreme Court is considering whether to declare the state’s workers’ compensation attorney fee schedule unconstitutional.The court recently heard oral arguments in a case (Castellanos v. Next Door...
Dec 1 2014 // The Property Casualty Insurers Association of America (PCI) has named Hilary Segura and Logan McFaddin as the latest additions to its state government relations team.Hilary Segura and Logan McFaddin will take over regional...
Dec 1 2014 // The Demotech Company Classification System categorizes insurers into one of 11 categories based on an analysis of data reported by the companies to the National Association of Insurance Commissioners (NAIC). The 11...