All the headlines from our Florida Topic Page, ordered by recency.
Mar 25 2009 // U.S. Sen. Bill Nelson has asked the U.S. Treasury to provide assurances to private market lenders that any loans they make in Florida would be repaid at fair market interest in the event of a catastrophe.Nelson, however,...
Mar 24 2009 // Flooding in the upper Midwest, which could rival the high water levels experienced in 2006 and possibly 1997, and continued drought in the South and West are among the warnings contained in the national outlook for this...
Mar 23 2009 // Florida emergency manager Craig Fugate would bring a lot with him if he takes over the Federal Emergency Management Agency: plenty of hurricane experience, a blunt style, and a belief that preparation begins on the local...
Mar 23 2009 // Auto Club Insurance, MEEMICAuto Club Insurance Association, a Dearborn, Michigan-based insurer, reported it has agreed to acquire MEEMIC Insurance Co. and its insurance agency affiliate, MEEMIC Insurance Services Corp....
Mar 23 2009 // Richard G. “Dick” Clarke, senior vice president of J. Smith Lanier & Co. in West Point, Ga., has been elected 2009 president of RiskProNet International, a network of 25 independent insurance brokers in...
Mar 23 2009 // Florida lawmakers need to make some smart decisions on reducing the risk to Florida property owners from hurricanes, the state’s chief financial officer said.In a letter to legislative leaders, CFO Alex Sink said...
Mar 23 2009 // State Farm Florida has appealed stipulations that Insurance Commissioner Kevin McCarty has put on its plan to withdraw from the state’s property insurance market.Florida’s second largest insurer of homes and...
Mar 20 2009 // One of Florida’s new startup property insurance companies has been told to stop selling policies — at least for a while.Insurance Commissioner Kevin McCarty said Boca Raton-based People’s Trust has not...
Mar 17 2009 // A judge has ruled that the Pasco County Sheriff’s Office should pay $9.14 million to a woman who sustained permanent brain damage from a crash with a deputy. A judge ruled that Deputy Kenneth Petrillo was negligent...
Mar 17 2009 // National program insurance manager Allied American Underwriters-AAU, headquartered in Tampa, Fla. has introduced a new national personal lines division.The new programs specialize in writing personal clients on both an...
Mar 17 2009 // Florida Agriculture and Consumer Services Commissioner Charles H. Bronson announced that his department has been awarded $900,000 under the federal stimulus plan to conduct wildfire prevention efforts.The funding, which is...
Mar 16 2009 // Florida lawmakers need to make some smart decisions on reducing the risk for Florida property owners from hurricane damage, the state’s chief financial officer said Thursday.In a letter to key legislative leaders,...
Mar 16 2009 // Florida emergency manager Craig Fugate would bring a lot with him if he takes over the Federal Emergency Management Agency: plenty of hurricane experience, a blunt style, and a belief that preparation begins on the local...
Mar 12 2009 // Citing the high level of catastrophic risk exposure Florida faces, Chief Financial Officer Alex Sink today suggested guidelines for the Legislature to follow in working to reduce the state’s hurricane risk.CFO Sink...
Mar 12 2009 // The state board that oversees the fund designed to pay homeowner claims in the event of a catastrophic hurricane searched this week for ways to reduce its risk with hurricane season only months away.The Board of...
Mar 11 2009 // Florida Gov. Charlie Crist says he’s OK with Citizens Insurance raising its property insurance rates. But not by too much. Crist said he didn’t favor rates be increased dramatically, but that he wanted to be...
Mar 11 2009 // Surplus lines insurance industry leaders in Florida hope legislation working its way through the state Legislature will clarify how the industry will be regulated.The industry has had concerns about its future since court...
Mar 9 2009 // State Farm Florida on Friday appealed stipulations that Insurance Commissioner Kevin McCarty has put on its plan to withdraw from the state’s property insurance market.Florida’s second largest insurer of homes...
Mar 9 2009 // No Choice“They (Legislature) will do something because they have no choice.” —Sam Miller, executive director of the Florida Insurance Council, commenting on the need for the Florida Legislature to include...
Mar 9 2009 // The Florida property insurance market today reminds me of the old cartoon with the insurance pitch: “Here’s a nice little policy with a real low premium if you promise never to have any claims.” When the...