All the headlines from our Florida Topic Page, ordered by recency.
Aug 2 2010 // MarketScout Wholesale (MSW) has expanded operations opening a new location in Tampa, Florida.Greg Lyons joined MSW to lead Florida operations as a senior broker. Prior to joining MSW, Lyons was a property broker with...
Jul 30 2010 // The Florida Department of Financial Services says it has helped recover more than $11.1 million for Florida’s insurance consumers in the first half of 2010.“Especially in these tough economic times, it is so...
Jul 28 2010 // If insurance actuaries had their way, rates for homeowners insured through Florida’s public insurer Citizens Property Insurance would be going up 55.9 percent on average. But state law caps how much Citizens can...
Jul 27 2010 // Coral Gables, Florida-based insurance agency MDW Insurance Group has acquired Genesis Risk Advisors. Terms were not disclosed. The founders of Genesis Risk Advisors — Gary Farbish, Craig Weinstein, and Charles...
Jul 23 2010 // Tropical Storm Bonnie barreled toward south Florida Friday on a track that was expected to take it over the site of BP Plc’s massive oil spill in the energy-rich Gulf of Mexico by Saturday afternoon.The fast-moving...
Jul 21 2010 // Florida’s property/casualty insurers appear to have adequate reinsurance and capital in place to withstand at least two major storms this season but their overall fate could hinge on whether they are allowed to raise...
Jul 20 2010 // Chris Rhoden has joined Guarantee Insurance Co., a subsidiary of Patriot Risk Management, Inc., as an underwriter for alternative markets. Rhoden will co-lead Guarantee’s underwriting team focused on the professional...
Jul 19 2010 // Tampa, Florida-based American Integrity Insurance Co. said it will begin writing dwelling fire (DP-1) policies for Florida homeowners.American Integrity CEO and President Bob Ritchie, said the company expanded its product...
Jul 16 2010 // Yesterday’s hearing before the House Ways and Means Committee has inspired both sides in the debate over Rep. Richard Neal’s (D-MA) plan, HR3424, to tax foreign-based insurers and reinsurers. [See IJ web site...
Jul 15 2010 // The National Wildife Federation claims in a lawsuit that the Federal Emergency Management Agency’s flood insurance program is hurting sea turtles by spurring coastal development.The lawsuit filed in Miami federal...
Jul 15 2010 // Both sides presented their views at a hearing of the House Ways and Means Committee on Wednesday, July 14. Compromise over whether or not to disallow deductions for premiums paid to purchase reinsurance from...
Jul 15 2010 // Two Atlanta couples are suing BP PLC for damages as a result of the Gulf oil spill.The class-action lawsuit, filed in the U.S. District Court of Northern Georgia, seeks compensation for loss of income, property value and...
Jul 13 2010 // Allstate Insurance subsidiaries in Florida are seeking rate increases from 18 percent to 33 percent.Castle Key Insurance Co. has filed with the Florida Office of Insurance Regulation (OIR) to increase homeowners rates by...
Jul 8 2010 // MarketScout Wholesale (MSW) has expanded operations opening a new location in Tampa, Florida. Greg Lyons joined MSW to lead Florida operations as a senior broker. Prior to joining MSW, Lyons was a property broker with...
Jul 7 2010 // A group of New York insurance agents has launched a new trade group for Latin insurance producers as well as brokers who serve the Hispanic community in the Northeast.LABA is not the first group geared toward insurance...
Jul 7 2010 // Florida’s Citizens Property Insurance might not be missing any mail or checks from customers after all, although the insurer can’t be 100 percent certain.Insurance Journal and other media reported yesterday...
Jul 6 2010 // Citizens Property Insurance has learned that some of its mail has been fraudulently forwarded to another address, raising the possibility some customer payments may have been lost.Citizens said it was informed by the U.S....
Jul 5 2010 // The number of suspicious auto accidents that were staged or deliberately caused by criminals in Florida has increased dramatically in the past year. A study by the National Insurance Crime Bureau (NICB) of questionable...
Jul 5 2010 // A Florida couple who fled their dream home because of foul-smelling, ruinous Chinese drywall was awarded $2.4 million in damages in America’s first jury trial over the defective wallboard that could have legal...
Jul 5 2010 // The Florida Supreme Court has ruled that a non-resident blogger can be sued in the state for posting allegedly defamatory comments about a Florida company on her out-of-state Web site.In a unanimous opinion, the court said...