All the headlines from our Florida Topic Page, ordered by recency.
Mar 4 2024 // The excess and surplus lines market continued to grow in 2023, with premium reaching nearly $73 billion according to data from 15 state surplus lines offices released by the Wholesale & Specialty Insurance Association...
Mar 4 2024 // Market Detail: Innovative Risk Insurance Services LLC has developed a mono-line commercial auto program for a broad range of customers who have both small and large transportation fleets. The commercial auto program can...
Mar 1 2024 // New York-based hedge fund J. Goldman & Co. signed a lease at a new Miami Beach office building that’s seeking some of the highest rents ever seen in the market.J. Goldman agreed to take roughly 10,000 square feet...
Feb 29 2024 // Florida legislation that has been called an “agents’ bill” because it could perhaps make life a little easier for insurance agents after storms, passed a major hurdle this week, moving it closer to...
Feb 29 2024 // The husband of a New York doctor who died shortly after dining at a Disney Springs restaurant last year accused Walt Disney Parks and Resorts of negligence in a 19-page lawsuit filed in Florida.Jeffrey Piccolo is seeking...
Feb 28 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...
Feb 28 2024 // A Florida Senate committee on Tuesday approved an amended bill that could potentially reduce workers’ compensation costs for first responders in the state, people who are at increasing risk of exposure to accidental...
Feb 27 2024 // (Bloomberg) — When Chris Malachowsky, a billionaire founder of chip giant Nvidia Corp., bankrolled one of the world’s biggest supercomputers at the University of Florida, Ron DeSantis predicted the machine...
Feb 27 2024 // The continuing saga of the Houston-based plaintiffs’ law firm of McClenny Moseley & Associates, suspended and sanctioned for flooding courts with erroneous lawsuits against property insurers in Louisiana, has...
Feb 26 2024 // Some of the most insidious and damaging species of termites are spreading across Florida, causing damage to homes as swarming season approaches in March, experts say.The South Florida Sun Sentinel reported that...
Feb 26 2024 // Florida Peninsula Insurance Co., one of Florida’s larger residential insurers, has named attorney Nancy Staff to be director of corporate compliance.The position is a new one for Florida Peninsula, where Staff will...
Feb 23 2024 // FORT LAUDERDALE, Fla. (AP) — The collapse of a sand hole that killed a 7-year-old Indiana girl who was digging with her brother on a Florida beach is an underrecognized danger that kills and injures several children a...
Feb 23 2024 // Florida bills that target litigation financing, which seemed to be on their way to quick approval a week ago, have all but foundered in the state Capitol.House Bill 1179, by Rep. Toby Overdorf, and its companion, Senate...
Feb 23 2024 // In the glittering world of high-end south Florida real estate, One Sotheby’s International Realty is known as one of the biggest players in the market. This month, the firm is handling the rental of NBA superstar...
Feb 22 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...
Feb 21 2024 // Florida-based King Insurance Partners reports it has acquired Mehta Insurance Agency, located in Absecon, New Jersey.Mehta Insurance Agency’s offerings include business, flood and life insurance. Sunil Mehta said...
Feb 20 2024 // A move to revamp the state-backed property insurer of last resort into Florida’s main wind carrier, a plan dubbed “Citizens 2.0,” appears to have died in the Legislature this year. But other...
Feb 16 2024 // Tallahassee, FL, February 16, 2023 — Florida is witnessing a surge in educational initiatives supporting the growth of the risk management and insurance (RMI) profession.The surplus lines market has more than doubled...
Feb 16 2024 // Six weeks after Trusted Resource Underwriters Exchange, a Florida-based reciprocal property insurer, announced it had received a $1.25 billion capital investment and new majority ownership, the AM Best rating firm has...
Feb 15 2024 // Workers who help bring Disneyland’s beloved characters to life — including Mickey Mouse, Donald Duck and Cinderella — are looking to unionize.Labor organizers announced the campaign, saying performers want better...