All the headlines from our Florida Topic Page, ordered by recency.
Dec 16 2009 // State Farm Florida will remain in Florida under a negotiated agreement that allows it to cancel about 15 percent of its policies and raise rates 14.8 percent. The deal also allows its contract agents to place the business...
Dec 15 2009 // The non-profit insurance trust for cities and towns in Florida reports it had a record-breaking year in 2009, with a 35 percent increase in written premiums and a 92 percent renewal rate among its municipal customers. The...
Dec 10 2009 // After more than a decade and four Nebraska Supreme Court rulings, a new trial may soon be scheduled in a multimillion-dollar insurance dispute between Florida and Countrywide Insurance Agency.Florida is still trying to...
Dec 10 2009 // A jury has awarded a Miami security guard worker $150,000 in damages after finding that she was wrongfully denied wages and fired for serving as a juror in a murder trial. Jackalyn P. Strachan served three days on a jury...
Dec 9 2009 // A Florida online insurance agency found to have sold homeowners policies using unlicensed personnel will pay a $100,000 fine. The agency will also contact every customer affected and offer to rewrite their policies, under...
Dec 8 2009 // Members of the National Association of Insurance Commissioners (NAIC) have elected their 2010 officers at their Winter National Meeting in San Francisco. The new officers are: President: West Virginia Insurance...
Dec 8 2009 // Wells Fargo Insurance Services, Inc. has acquired iLeader Risk Management Solutions, a single office, insurance brokerage located in Tampa, Fla., and Orca Bay Benefits, LLC, a single office, employee benefits insurance...
Dec 7 2009 // A Harvard professor says CNN Headline News host Nancy Grace’s relentless questioning of a Florida mother three years ago contributed to her suicide, according to a filing in the family’s wrongful death...
Dec 7 2009 // The National Association of Insurance Commissioners (NAIC) today presented Dr. Raymond Spudeck, senior research economist with the Florida Office of Insurance Regulation, with the organization’s most prestigious...
Dec 7 2009 // One of Florida’s young property insurance companies, Magnolia Insurance Co., has been stripped of its financial rating by rating firm Demotech, Inc.Demotech assigned its Financial Stability Rating of A, Exceptional...
Dec 6 2009 // Floridians Fret“More than a third of Floridians say they have suffered a personal financial crisis in the past year. Adequate insurance can help prevent a crisis.” —Bill Gunter, chairman of the Florida...
Dec 6 2009 // Florida Insurance Commissioner Kevin McCarty has approved rates hikes for about 330,000 of Citizens Property Insurance Corp.’s so-called high-risk coastal property accounts. The statewide average increases include a...
Dec 6 2009 // The state’s largest private property insurer may not leave Florida after all, Insurance Commissioner Kevin McCarty told Gov. Charlie Crist and other members of the Florida Cabinet.McCarty, repeating what he has told...
Dec 2 2009 // A state administrative court hearing on State Farm Florida Insurance’s plan for withdrawing from Florida’s property insurance market that was set for Dec. 17 has been postponed again. At the request of...
Nov 25 2009 // A Miami condominium association is suing its insurer, QBE Insurance Corp., and its Florida general managing agent, for more than $500 million in damages, claiming bad faith and deception in handling hurricane claims.Daniel...
Nov 25 2009 // Despite the complexities of the nation’s worst economic downturn in decades, some Louisiana-based companies are showing surprising growth.The state recently has seen its count of homegrown Fortune 500 companies...
Nov 23 2009 // TD Bank was hit with a multimillion-dollar lawsuit Friday calling it the “financial epicenter” of an alleged Ponzi scheme run by disgraced Florida lawyer Scott Rothstein.The unit of Canada’s...
Nov 22 2009 // Florida Insurance Commissioner Kevin McCarty has approved rates hikes for about 330,000 of Citizens Property Insurance Corp.’s so-called high-risk coastal property accounts. The statewide average increases include a...
Nov 20 2009 // The state’s largest private property insurer may not leave Florida after all, Insurance Commissioner Kevin McCarty told Gov. Charlie Crist and other members of the Florida Cabinet.McCarty, repeating what he has told...
Nov 20 2009 // Against the backdrop of the worst economic slump in more than 30 years, more than 83 percent of Floridians are concerned about their money challenges and 43 percent don’t expect to be financially stronger a year from...