All the headlines from our Florida Topic Page, ordered by recency.
Oct 8 2012 // Florida regulators have approved an average 6.9 percent homeowners’ insurance rate hike for State Farm Florida Insurance Co. It is the insurer’s fifth increase in as many years.In addition to the increase for...
Oct 8 2012 // A new partnership formed between Space Florida, the spaceport authority and aerospace development organization for the state, and insurance agency Assure Space is counting on new space insurance capabilities driving more...
Oct 8 2012 // Executives of Florida’s state-backed insurer defended a proposed statewide average 11.2 percent increase in homeowners rates as regulators, consumer advocates and other officials questioned the need for the...
Oct 8 2012 // Today, the homeowners insurance marketplace in Florida is dominated by carriers that were start-ups in the 1990s. Many of them grew by participating in takeout programs initiated to reduce the policy count acquired by the...
Oct 8 2012 // It has been years since a major hurricane hit Florida, and the good news for Floridians is that property insurers are filing applications to write policies in the state again.But there’s a plan being hatched by the...
Oct 8 2012 // Small companies often believe that they do not have enough homeowners data to build custom rating territories based on different perils, and therefore simply adopt the territories of a competitor. But because catastrophe...
Oct 8 2012 // Florida’s state-backed property insurer is considering for the first time investing in private insurers to the tune of $350 million, with the hopes these insurers would then take on up to 300,000 of its policies. The...
Oct 5 2012 // Florida regulators are optimistic that the state’s no-fault auto reforms are having a positive effect on the market and will eventually cut premiums for drivers. But for now they are telling the public that the...
Oct 4 2012 // Florida regulators have approved a 10.8 percent statewide average homeowners insurance rate increase and a 21.4 percent increase in sinkhole rates for the state-backed property insurer.Insurance Commissioner Kevin McCarty...
Oct 4 2012 // This year six agencies in all received top honors as a Best Agency to Work For. The Best Agencies to Work For in 2012 include: Bryan Insurance Agency, Graham, Texas; Meyer & Cook Insurance, Walnut Grove, California;...
Oct 2 2012 // The Florida Office of Insurance Regulation
Oct 1 2012 // Automobile insurers have until today to show Florida regulators how much, if at all, they plan on reducing rates on the personal injury protection, or no-fault, portion of drivers’ policies. This could mean that...
Sep 28 2012 // Florida regulators have approved an average 6.9 percent rate hike for State Farm Florida Insurance Co., which is the insurer’s fifth increase in as many years.The insurer had initially sought an average 14.9 percent...
Sep 25 2012 // Executives of Florida’s state-backed insurer defended a proposed statewide average 11.2 percent increase in homeowners rates as regulators, consumer advocates and other officials questioned the need for the...
Sep 24 2012 // A plan by Florida’s state-backed property insurer to loan private insurers millions of dollars in surplus in exchange for removing policies has not been properly vetted and is a sweetheart deal for a few insurers, a...
Sep 24 2012 // The Republican Party of Florida is injecting itself into this year’s state Supreme Court elections.The party’s executive board last week voted to oppose three justices who are seeking a new six-year term...
Sep 24 2012 // A federal appellate court has reversed a $7.2 million judgment and ordered a new trial in a Florida hurricane insurance case.The 11th Circuit Court of Appeal issued the ruling in Atlanta based on a May opinion by the...
Sep 24 2012 // Florida’s state-backed property insurer is considering investing in private insurers to the tune of $350 million, with the hopes these insurers would then take up to 300,000 policies. The move is an attempt by...
Sep 24 2012 // CRC|Crump, Preferred BrokerageCRC|Crump has signed an agreement with Preferred Concepts in New York to acquire select assets of the company’s Preferred Brokerage business unit. Terms were not disclosed. J.C....
Sep 24 2012 // Barry Gilway is president of Florida’s state-run property insurer, Citizens Property Insurance Corp. He is the first head of Citizens who comes solely from the private sector. In the following excerpts from a recent...