All the headlines from our Florida Topic Page, ordered by recency.
Aug 12 2013 // Florida’s insurance regulator, in response to questions why lower reinsurance costs have not translated into reduced homeowners rates, said insurers have significant leeway in how they incorporate those costs into...
Aug 9 2013 // Florida’s top financial officer is questioning regulators on why reports of significantly lower reinsurance costs worldwide are not translating into reduced premiums for homeowners around the state.Chief Financial...
Aug 8 2013 // Yesterday, Florida Chief Financial Officer Jeff Atwater penned a letter to Insurance Commissioner Kevin McCarty inquiring why property insurance rates continue to rise even as the cost of reinsurance falls.Atwater...
Aug 8 2013 // Florida-based Universal Insurance Holdings Inc. has elected Frank Wilcox, formerly vice president of finance, as the company’s chief financial officer and principal accounting officer effective October 1, 2013.Wilcox...
Aug 8 2013 // Water levels in Lake Okeechobee have risen to nearly 16 feet.The rising water levels in the shallow lake have prompted the Army Corps of Engineers to fully open locks around the lake to release water and protect the aging...
Aug 7 2013 // Florida Gov. Rick Scott is appointing maverick legislator Mike Fasano to the position of Pasco County tax collector.The governor’s office said that Scott had appointed Fasano, R-New Port Richey, to the job on...
Aug 5 2013 // Growing personal lines agency Confie Seguros has acquired Economy Insurance Mart of Spring Hill, Fla., which sells auto, home and small commercial insurance. Economy Insurance Agency was founded in 1993 and is a privately...
Aug 5 2013 // Yamaha Motor Co.’s WaveRunner was the most sought-after watercraft among U.S. thieves in 2012 as Florida had the highest number of stolen boats, an insurance- industry group said.A total of 538 WaveRunners were...
Aug 5 2013 // Florida’s high court has ruled that insurers under a 2008 law must pay a contractor’s overhead and profit as part of the expense of repairing a homeowner’s property despite repairs not having been...
Jul 31 2013 // Florida and Georgia, two states where politicians oppose U.S. President Barack Obama’s healthcare law, said this week that insurance rates for individuals would rise sharply in 2014 under the reform.The remarks are...
Jul 29 2013 // The Army Corps of Engineers has activated its emergency operations center in response to high water levels at Lake Okeechobee.The corps’ emergency operations center in Jacksonville was activated ast Friday. Officials...
Jul 26 2013 // Florida Gov. Rick Scott is asking that the federal government declare a disaster due to floods that caused extensive damage in the Panhandle.The state estimates there was $29 million worth of damage caused by the heavy...
Jul 26 2013 // Federal accident investigators are considering new safety recommendations for school buses, large trucks and commercial drivers based on two similar fatal crashes in New Jersey and Florida last year.The National...
Jul 25 2013 // Trevor Johnson has joined the Ted Todd Insurance Agency’s senior management team as its sales manager. He will oversee sales operations in all seven of the Allstate ageny’s offices located in Bonita Springs,...
Jul 25 2013 // The government should set performance standards for new safety technology that allows cars and trucks to talk to each other and then require the technology be installed in all new vehicles, a federal accident investigation...
Jul 25 2013 // A Tampa-area woman has sued US Airways, saying she was injured after a rough landing at Tampa International Airport.Nancy Linker, who is 48, said in the lawsuit that she was hospitalized after the front tires of US Airways...
Jul 24 2013 // Florida’s high court has ruled that insurers under a 2008 law must pay a contractor’s overhead and profit as part of the expense of repairing a homeowner’s property despite the fact the repairs may not...
Jul 22 2013 // A Florida appeals court has ruled that an automobile insurer must cover a Florida man for injuries from a collision in a golf cart that had been modified to exceed a speed of 20 miles per hour.The ruling overturned a lower...
Jul 22 2013 // Florida’s state-backed property insurer requested a statewide average 6.6 percent increase in homeowners’ rates along with a cap on sinkhole rate increases in three high-risk counties at between 20 percent and...
Jul 22 2013 // Many Florida independent insurance agencies are challenged to make money on the initial placement of the homeowners insurance policies.That’s a finding from The Agent Compensation Study commissioned by the Florida...