All the headlines from our Florida Topic Page, ordered by recency.
Mar 7 2010 // The Florida Hurricane Catastrophe Fund needs $710 million to continue to pay claims still coming in from 2005’s Hurricane Wilma but it is going to have to wait to assess policyholders to get those funds.The Florida...
Mar 7 2010 // Interview with FSLA President Bruce BowersHurricane Andrew, for all of the grief it delivered, gave wholesale broker Hull & Co. and Bruce Bowers a big opportunity. “Prior to ’92, there wasn’t much of...
Mar 7 2010 // New York regulators are pursuing a reincarnation of the New York Insurance Exchange, a Lloyd’s of London-style insurance market, which lasted for several years the last time it was tried.Insurance Superintendent...
Mar 7 2010 // Florida Surplus Lines Premiums/Policy Count 2009 2009 2008 2007 2006 2005 Aggregate Premium $3.8 billion $4.2 billion $4.8 billion $4.7 billion $3.7 billion Policy Count 682,221 724,158 745,714 789,101 781,111 Top Florida...
Mar 5 2010 // A Florida House committee wants to extinguish a proposed rule that would require fire sprinklers in many newly constructed homes. The House Governmental Affairs Policy Committee voted unanimously Wednesday for a bill that...
Mar 3 2010 // An accident victim’s lawyer this week urged the Florida Supreme Court to rule that rental car companies can be held liable for damages in an accident they did not cause in the state, even though a new federal law is...
Mar 2 2010 // The Institute for Business & Home Safety (IBHS) in Tampa, Fla. announced that Allison Dean Love has joined the organization as external relations consultant. Love brings 20 years of experience in media relations,...
Feb 25 2010 // The Florida Hurricane Catastrophe Fund needs $710 million to continue to pay claims still coming in from 2005’s Hurricane Wilma but it is going to have to wait to assess policyholders to get those funds.The Florida...
Feb 25 2010 // Florida insurance officials have reached an agreement with the first foreign reinsurer to operate under collateral requirements that were reduced in 2008 in an attempt to attract new reinsurers to the state.The Florida...
Feb 24 2010 // Randi Schuknecht worried that her longtime, established insurance company was about to leave Florida — and leave her without a homeowner’s policy. So she found a new insurer — one she wouldn’t have...
Feb 24 2010 // Arkansas Insurance Commissioner Jay Bradford has suspended the non-resident business entity producer’s license of Cinergy Health Inc. pending the outcome of an administrative hearing scheduled for March 11, 2010, at...
Feb 24 2010 // One fast-growing Florida homeowner insurer has had its rating pulled by its rating agency and reportedly halted new business while another domestic carrier is consolidating its business into one company from two.Northern...
Feb 22 2010 // Recent policyholder inspections by Citizens Property Insurance Corp. found some homeowners are getting more of a discount for fortifying their homes than they are eligible for.The state-backed insurer looked at 452...
Feb 21 2010 // OneBeacon, Tower GroupMassachusetts-based OneBeacon Insurance Group has agreed to sell its personal lines business to Tower Group Inc. in a deal that comprises two affiliate insurers and two reciprocal insurance exchanges...
Feb 21 2010 // Idaho homeowner insurance is the least costly in the nation, averaging $422 per year, according to a nationwide survey. This compares to an average $822 countrywide. The Gem State also had among the lowest average rates...
Feb 17 2010 // Florida regulatory officials have ordered several firms selling home and auto warranty and service agreements to halt their sales in the state.The companies include National Home Protection, Nationwide Home Warranty and...
Feb 12 2010 // A Florida appeals court has reversed a $12 million verdict against a Miami archdiocesan high school previously found liable for the injuries of a student who survived a drunken driving crash.Archbishop Coleman F. Carroll...
Feb 11 2010 // A 2001 amendment to Florida’s no-fault law that requires insureds to notify their insurer that they intend to sue cannot be applied retroactively to policies issued before the amendment was enacted.The Florida...
Feb 7 2010 // Fiesta AutoHuntington Beach, Calif.-based Fiesta Auto Insurance is combining its two business models — insurance and tax preparation — under one roof, quadrupling its presence to more than 80 locations....
Feb 2 2010 // It will still be weeks, into March and April, before the full extent of crop damage and insurance payments from Florida’s recent extended freeze will be known.While Florida’s citrus industry has been hard hit,...