All the headlines from our Florida Topic Page, ordered by recency.
Mar 18 2024 // “Boeing must commit to real and profound improvements. … Making foundational change will require a sustained effort from Boeing’s leadership, and we are going to hold them accountable every step of the way,...
Mar 18 2024 // King Insurance Partners, Mehta Insurance AgencyFlorida-based King Insurance Partners acquired Mehta Insurance Agency, located in Absecon, New Jersey. Mehta Insurance Agency’s offerings include business, flood and...
Mar 18 2024 // When Allstate’s Florida unit, Castle Key Indemnity Co., entered the surging condominium insurance market in 2020, it looked like it had made a smart bet: Within two years, the carrier had added no fewer than 123,000...
Mar 18 2024 // Condominium sales and prices in Miami, Jacksonville and Tampa and other parts of Florida have dropped over the past year, largely due to the soaring cost of property insurance and association fees, according to Redfin, a...
Mar 15 2024 // Do motorist-assistance systems like GM’s OnStar feed data to auto insurers, resulting in higher premiums for some drivers?A south Florida man says indeed, they do, and has filed a proposed class-action lawsuit...
Mar 14 2024 // The National Flood Insurance Program has paid out $364 million on flood claims from Hurricane Idalia, the storm that swamped part of Florida in August. That’s a fraction of the $3.2 billion NFIP paid after Hurricane...
Mar 13 2024 // A Broward County jury has decided that the Cleveland Clinic Florida should pay almost $32 million to the estate of a man who was not put in intensive care after suffering septic shock and who later died.The jury found the...
Mar 13 2024 // TAMPA, Fla. (AP) — Heritage Insurance Holdings Inc. (HRTG) on Monday reported earnings of $30.9 million in its fourth quarter, more than double what it saw in Q4 2022. The Tampa, Florida-based company said it had profit...
Mar 12 2024 // TAMPA, Fla. (AP) — HCI Group Inc. (HCI) on Thursday reported fourth-quarter earnings of $38.1 million, a significant improvement over Q4 2022.The Tampa, Florida-based company said it had profit of $3.40 per share....
Mar 11 2024 // Mississippi could soon join the growing list of states with grant-funded wind fortification programs for homeowners, thanks to a bill that’s moving through the state Legislature.The state House of Representatives...
Mar 11 2024 // Southern US states have enjoyed some of the strongest job growth in the pandemic era, as well as some of the biggest wage increases — and they’re luring Americans from elsewhere in the country.Add those things...
Mar 11 2024 // A number of property insurance-related bills were introduced in the Florida Legislature this year – from a fundamental change to the Citizens Property Insurance Corp. coverage model to further limiting policy...
Mar 7 2024 // A Florida pilot program to fortify coastal-area condominiums is on its way to the governor but other property insurance bills may have hit a snag after last-minute changes – with just two days left in the legislative...
Mar 7 2024 // In the next year or so, the Florida Supreme Court could decide on the exact meaning of a legal doctrine that, under one interpretation, has blocked millions of dollars per year in subrogation recovery for liability...
Mar 6 2024 // Surplus lines in Florida saw a huge increase in premium, policy count and new business for February compared to the same month last year, a spike in growth that the Florida Surplus Lines Service Office called...
Mar 6 2024 // Lerant Joins South & Western as Business Development SpecialistLou Lerant recently joined South & Western Insurance as a business development specialist. South & Western Insurance, based in Addison, Texas, is a...
Mar 5 2024 // Florida’s so-called “stop woke act,” championed by Gov. Ron DeSantis, violates businesses’ and employees’ First Amendment free speech rights, a federal appeals court ruled Monday in striking...
Mar 5 2024 // ST. PETERSBURG, Fla. (AP) — Moments before the deadly crash of a charter jet on a Florida highway, three warnings about oil pressure problems in its two engines sounded, the National Transportation Safety Board said in a...
Mar 5 2024 // The head of two property insurance companies set to enter the Florida market this year is warning state lawmakers that bills that would limit some policy cancellations and nonrenewals after storm damage could do more harm...
Mar 4 2024 // Florida’s insurance commissioner last week approved another round of takeouts from the state-created Citizens Property Insurance Corp., with assumption dates in May. That brings the total takeouts with 2024...