All the headlines from our Florida Topic Page, ordered by recency.
Nov 2 2023 // A south Florida insurance agent has been charged with absconding with more than $130,000 in premiums, leaving property owners uninsured after Hurricane Ian.Naser Al-Sweity, of Boca Raton, was booked into Palm Beach County...
Nov 2 2023 // This post is part of a series sponsored by AgentSync.Hurricane season is upon us once again, and while The Band of Heathens isn’t worried, the rest of us are preparing. So as homeowners brace for unprecedented winds...
Nov 1 2023 // A year after Hurricane Ian ripped through southwest Florida, wealthy risk-takers are transforming one beach town.In Fort Myers Beach, many of the middle-class cottages that once dotted the Estero Island town were wiped off...
Oct 31 2023 // Florida state Sen. Joe Gruters, R-Sarasota, has sparked some controversy by pitching investment opportunities in a startup property insurance company in Florida.This may be a good time for a new business venture by an...
Oct 31 2023 // A Florida lawsuit brought by private equity fund Fortinbras Enterprises and three others charges that Lighthouse Property Insurance Corp. executives concealed the extent of underwriting losses after Hurricane Ida, even as...
Oct 31 2023 // Expert testimony is subject to a well-established standard set forth by the US Supreme Court 30 years ago in Daubert v. Merrel Dow Pharms., Inc. Under the Daubert standard, trial judges are gatekeepers of expert testimony,...
Oct 30 2023 // Electric utility Duke Energy plans to build a project to create clean energy using an end-to-end system to produce, store and combust 100% green hydrogen, in Florida.The new system, a collaboration between Duke,...
Oct 30 2023 // Universal Insurance Holdings, after discontinuing more than 160,000 policies over the last two years, now sounds like it’s ready to start growing again in its home state of Florida.“As we move forward,...
Oct 27 2023 // A federal appeals court this week upheld a $12 million jury award against a gravel and waste-hauling company in a horrific highway accident that killed four Spanish women who were on vacation in the Florida Keys in...
Oct 26 2023 // The Federal Emergency Management Agency has raised the federal cost share for funding assistance, potentially making millions more dollars available to Florida authorities for Hurricane Ian recovery efforts in Florida, the...
Oct 25 2023 // Brown & Brown Inc. (BRO on NYSE) this week reported third-quarter earnings of $175.9 million.The Daytona Beach, Florida-based brokerage said it had net income of 62 cents per share. Earnings, adjusted for non-recurring...
Oct 25 2023 // The story of disbarred Florida plaintiffs’ attorney Scot Strems has been told, in bits and pieces, in this publication and others over the last six years. But the saga and Strems’ alleged actions and the havoc...
Oct 24 2023 // Matching requirements for roofs and interior furnishings have been a tough issue in the property insurance industry for years. Recent developments show how insurers and regulators in different Southeast states are managing...
Oct 23 2023 // Florida lawmakers have agreed to convene in another special session – the sixth in three years – this time to sanction the country of Iran but with a little indirect Florida property insurance relief also on the...
Oct 19 2023 // Ameris Bank, an Atlanta-based corporation with operations in seven Southeastern states, has agreed to invest $9 million in minority neighborhoods in Jacksonville, part of a settlement with the U.S. Department of Justice...
Oct 18 2023 // The Hillsborough County Sheriff’s Office is still investigating after burglary that swiped more than $1.6 million worth of liquor from a Tampa-area warehouse. The theft happened in July at the Republic National...
Oct 17 2023 // FORT LAUDERDALE, Fla. (AP) — Seventeen Florida sheriff`s deputies appeared in court on charges that they stole about half a million dollars in pandemic relief funds.The Broward County deputies, who are charged...
Oct 17 2023 // MIAMI (AP) — A Florida executive whose family business once owned Playgirl magazine is awaiting sentencing after pleading guilty to conspiracy to commit securities fraud for misleading investors in another of his...
Oct 17 2023 // Global insurance broker NFP announced it has acquired Benefits & Co., the Florida benefits business of Clearscope, a benefits services and software firm with offices in New York and New Jersey.Based in Sunrise,...
Oct 16 2023 // The forecast for Florida citrus, the state’s signature crop, is expected to improve in the upcoming season compared to last year when twin hurricanes battered the state at the start of the citrus season, according to...