All the headlines from our Florida Topic Page, ordered by recency.
Oct 11 2023 // State laws adopted in 2022 and 2023 may have stemmed excessive claims litigation in Florida, helping to stabilize the distressed property insurance market and slow rate increases. But premiums, which have doubled for some...
Oct 11 2023 // Florida-based insurers still aren’t profitable, overall, but their net losses and underwriting losses are getting smaller. Two more property insurance companies are preparing to enter the Florida market. And the...
Oct 10 2023 // FORT LAUDERDALE, Fla. (AP) — How much is Donald Trump`s Mar-a-Lago worth? That`s been a point of contention after a New York judge ruled that the former president exaggerated the Florida property`s value when he said...
Oct 10 2023 // Two areas in Florida have become hot spots for home buying and building, one of them due to higher insurance costs in the rest of the state, according to news and insurance agency reports.Ocala, in the central part of...
Oct 6 2023 // Workers’ compensation rates have shrunk to such a low level in Florida, at least for some classifications, that they are causing problems and could be masking issues that will lead to higher premiums in coming years,...
Oct 5 2023 // Households can experience significant financial strain through pressures to income and expenses due to climate hazards, a report from the U.S. Department of Treasury shows.The report, The Impact of Climate Change on...
Oct 5 2023 // Florida’s Office of Insurance Regulation has approved the take out of another 153,000 policies from Citizens Property Insurance Corp., the state’s price-controlled residual insurer.Almost half of the takeouts...
Oct 3 2023 // (Bloomberg) — Semi trailer-sized machines could provide a unique solution to a major source of the fossil fuel industry’s methane problem. Rather than flaring or venting the planet-warming gas into the...
Oct 3 2023 // JACKSONVILLE, Fla. (AP) — A traffic stop captured on video by a bystander shows a handcuffed Black man with swollen eyes and a bloody face sitting on the ground surrounded by officers outside a vehicle in northeast...
Oct 3 2023 // Almost two years after Progressive Insurance announced it would stop renewing some homeowners policies in Florida, Flo and crew have dropped another 100,000 HO and landlord policies in the state.The insurance giant and...
Oct 2 2023 // The Federal Emergency Management Agency announced that free legal assistance is now available to help Hurricane Idalia victims in Florida with insurance claims, government benefits and other matters.For people in 16...
Oct 2 2023 // NSM Insurance Group, a global specialty insurance provider, has acquired Florida-based Envisage International, which writes health and travel insurance plans for international students and cultural exchange...
Oct 2 2023 // Florida 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 complaints from insureds about...
Oct 2 2023 // McConkey Insurance & Benefits, Gallen Insurance AgencyMcConkey Insurance & Benefits, an independent insurance agency based in York, Pennsylvania, has acquired Gallen Insurance Agency, located in Berks County....
Sep 29 2023 // Higginbotham has continued its expansion this year with another acquisition, this one of Stahl & Associates, one of the largest privately held commercial brokerages in Florida. Texas-based Higginbotham, which...
Sep 29 2023 // Additional arrests are expected after a 41-year-old south Florida claims adjuster was charged this week in an elaborate scheme that allegedly rang up more than $11 million in fraudulent insurance payments to hundreds of...
Sep 28 2023 // The private flood insurance market continues to expand, with a new managing general agent starting up in Florida.Titan Flood Inc., based in Tampa, is being launched by Stephanie Lee, the co-founder and chief operating...
Sep 28 2023 // The Florida-based company that produces a quicker way to bag leaves is now offering a tool that it says makes filling sandbags three times faster, potentially saving property owners time before floodwaters rise.The Sandbag...
Sep 27 2023 // Florida authorities have arrested four Miami people, including two licensed public adjusters, on charges that they forged an elderly homeowner’s signature on documents in an attempt to defraud Citizens Property...
Sep 27 2023 // Florida-headquartered Risk Services, a captive insurance manager and risk retention group service provider, has named Jennifer Haskell director of captive accounting. Haskell, who spent 15 years with the Alabama Department...