All the headlines from our Florida Topic Page, ordered by recency.
Oct 14 2009 // Thanks to El Nino, the 2009 Atlantic hurricane season has been the quietest in more than a decade, offering a reprieve for residents in the danger zone and a chance for insurance firms to refill depleted coffers.With the...
Oct 13 2009 // Leon County Circuit Court Judge John C. Cooper has granted a request by state insurance officials to place American Keystone Insurance Co. in Ponte Vedra Beach into state receivership to be liquidated.American Keystone...
Oct 8 2009 // Some insurance companies could go out of business if a major hurricane hits Florida, the state’s insurance commissioner told a Senate panel this week.But after more than an hour grilling by lawmakers, Commissioner...
Oct 8 2009 // A new report shows a continuing trend of recovery for the medical malpractice industry in Florida that had been experiencing double-digit rate increases and lack of availability prior to legislative reforms enacted in...
Oct 8 2009 // Nationwide Insurance Co. of Florida plans to reduce its personal lines property exposure in the state of Florida by nonrenewing 60,000 homeowners policies across the state.Nationwide said that Tower Hill Group, a Florida...
Oct 7 2009 // Have you been bitten by a vicious dog? Been the victim of a surgical mishap? A sexual assault on a cruise ship? There’s a lawyer waiting for your call.Boca Raton-based whocanisue.com has scores of billboards and...
Oct 6 2009 // Insurance company rating firm Demotech, Inc. said it has affirmed the Financial Stability Ratings of A, Exceptional, assigned to Tower Hill Prime Insurance Co., Tower Hill Preferred Insurance Co., Tower Hill Select...
Oct 5 2009 // Homeowners insurers doing business in Florida – established as well as new – are losing money and the state regulator says rates may need to go up.Also, the state’s largest private home insurer, State...
Oct 5 2009 // Prepared Insurance, FloridaFlorida approved a new homeowners insurance company that plans to focus on what it says is the underserved market of homes built before 2002. Prepared Insurance Co., headquartered in Tampa, is...
Oct 5 2009 // A Florida House-Senate budget panel has added the state’s risk of incurring billions of dollars in possible hurricane insurance losses to Florida’s long-range financial outlook.The new changes could dwarf...
Oct 2 2009 // There will be a public hearing in Tallahassee on Oct. 6 for the insurance industry’s proposed 6.8 percent workers’ compensation rate decrease for Florida employers. The National Council on Compensation...
Sep 30 2009 // Mike Tully has joined the team of Lassiter Ware Insurance in the Maitland, Fla., office as a commercial insurance consultant, specializing in technology, medical/life sciences and recycling. Tully graduated from Florida...
Sep 29 2009 // The Florida Workers’ Compensation Insurance Guaranty Association announces its newly elected / re-elected board of directors. Terms begin Oct. 1, 2009 and run through Sept. 30, 2013.Heading the FWCIGA board is Tom...
Sep 25 2009 // The Bermuda Monetary Authority (BMA) has signed a Memorandum of Understanding (MOU) with the Florida Office of Insurance Regulation (FLOIR).The bulletin noted that it “is the latest in a number of such agreements...
Sep 24 2009 // Craig Fugate brought three lessons with him when he took over the Federal Emergency Management Agency: Always be ready for disasters, make sure people take responsibility for themselves and get the message out...
Sep 23 2009 // Florida has given the go-ahead to a new homeowners insurance company that plans to focus on what it says is the underserved market of homes built before 2002.Prepared Insurance Co., headquartered in Tampa, intends to use...
Sep 21 2009 // Unless you live in Florida or Louisiana, or regularly read the Insurance Journal, you may only now be hearing about the latest mass tort craze: Chinese-Manufactured Drywall (often simply referred to as “Chinese...
Sep 21 2009 // The new company will use independent agents and brokers for sales.Florida officials announced that a new Miami-based insurance company will pick up the insurance for about 15,000 of the policyholders now with First...
Sep 21 2009 // The new company will use independent agents and brokers for sales.Florida officials announced that a new Miami-based insurance company will pick up the insurance for about 15,000 of the policyholders now with First...
Sep 21 2009 // Challenging market conditions, the financial crisis and the recession drove profitability downward for the U.S. workers’ compensation market in 2008.Changing regulatory conditions and reforms have also impacted the...