All the headlines from our Florida Topic Page, ordered by recency.
Dec 4 2023 // Agency owners must watch and learn about major trends when they start. Following are key trends that insurance agencies should be tracking for 2024.1. Insurtech Several trends are emerging in the insurtech...
Dec 1 2023 // (Bloomberg) — A roughly 13,000-square-foot, full-floor penthouse and roof at the Rosewood Residences, a 17-story condo tower designed by Peter Marino in Miami’s South Beach, could soon be the most expensive in...
Dec 1 2023 // The chairman of the U.S. Senate’s Budget Committee has begun an investigation into Florida’s Citizens Property Insurance Corp. and how the state-created insurer plans to address potential underwriting losses...
Nov 30 2023 // FORT LAUDERDALE, Fla. (AP) — Bruce Springsteen`s drummer, Max Weinberg, is suing the owners of a Florida car restoration company, saying they stole $125,000 by falsely promising him a like-new 1957 Mercedes-Benz and...
Nov 29 2023 // A Florida injury attorney who led a class-action lawsuit on behalf of former NFL players, then defrauded his clients out of millions of dollars, is in federal prison after he was sentenced to 14 years.Phillip Timothy...
Nov 29 2023 // A Washington State man, on the lam for four years and wanted in connection with $6 million in auto insurance fraud schemes and staged accidents across the country, has been arrested in Florida.The U.S. Marshals Service...
Nov 29 2023 // When Florida lawmakers approved Senate Bill 76 in 2021, requiring a 10-day notice before suits are filed against insurers, it was seen as a big step in stemming what had become a flood of claims litigation.Since then,...
Nov 28 2023 // The Florida hospital at the center of the high-profile Maya Kowalski negligence case has asked for a new trial, alleging that the jury foreman improperly leaked information during the trial, which resulted in a $216...
Nov 27 2023 // Executives at Tampa-based HCI Group, the holding company for Homeowners Choice and TypTap Insurance companies, are having a busy fourth quarter.Just a day after HCI announced that Homeowners Choice had successfully assumed...
Nov 22 2023 // Homeowners Choice Property & Casualty Insurance Co. recently assumed approximately 53,750 policies from Citizens Property Insurance Corp., Florida’s state-backed insurance company.The policies assumed amount to...
Nov 21 2023 // A federal judge has sentenced Ramon Paz of Lakeland, Florida to 33 months in federal prison for conspiracy to commit wire fraud to avoid paying for workers’ compensation insurance.According to the U.S....
Nov 20 2023 // AM Best has placed under review with negative implications the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Ratings of “bbb+” (Good) of Florida Farm Bureau Casualty Insurance Co. and...
Nov 20 2023 // Virginia-based Choice Financial Group has acquired Jeff D. Hackmeier and Associates, a south Florida insurance agency catering to high net-worth clients. Hackmeier, based in Bay Harbor Islands, near Miami, has been in...
Nov 20 2023 // Skanska USA, part of one of the world’s largest construction firms, was ordered to pay almost $1.7 million to a Florida oyster farmer, three years after the firm’s barges broke loose in Hurricane Sally.The...
Nov 20 2023 // Education Is Key to SuccessFlorida insurance agents have been through the wringer in the last five years, with repeated rate increases for properties across the board, carriers pulling out of the market, and continual...
Nov 17 2023 // FORT LAUDERDALE, Fla. (AP) — Why has it been raining so much in south Florida? Experts say the latest windy, rainy storm system seen this week has nothing to do with hurricane season.The storm system that formed over...
Nov 17 2023 // Florida families and their auto insurers can rest a little easier after the state Supreme Court decided Thursday that a mom cannot be held vicariously liable for an accident caused by her son who had borrowed the family...
Nov 16 2023 // Editor’s note: For almost three decades, Florida contractors and building officials have operated under two different building codes: One for most of the state and another for the southeastern corner – Miami-Dade...
Nov 15 2023 // ORLANDO, Fla. (AP) — Disney on Tuesday released a study showing its economic impact in Florida at $40.3 billion as it battles Florida Gov. Ron DeSantis and his appointees over their takeover of the district that...
Nov 15 2023 // ORLANDO, Fla. (AP) — A plan to prohibit a pro-Palestinian student group from state university campuses in Florida has been temporarily shelved while officials reassess the proposal.State University System Chancellor...