All the headlines from our Florida Topic Page, ordered by recency.
Jul 27 2023 // Two Florida Democratic state senators are hosting webinars this month and next on the state’s property insurance situation.“Homeowners Insurance 101: A Guide for Insurance Coverage,” a series of virtual...
Jul 27 2023 // A south Florida contractor faces significant jail time after he was arrested for vastly underreporting his payroll to his workers’ compensation insurer.Hector Gutierrez-Morales, owner of HG & AKE Construction...
Jul 26 2023 // This post is part of a series sponsored by AgentSync. As Florida’s state-backed insurer of last resort takes on more than a million policies, Colorado considers devising its own insurance scheme to provide coverage...
Jul 26 2023 // Some Florida Keys coral reefs are losing their color weeks earlier than normal this summer because of record-high water temperatures, meaning they are under stress and their health is potentially endangered, federal...
Jul 26 2023 // This month, a number of new workers’ compensation rules took effect in Florida, affecting penalties for employers who fail to obtain comp insurance and setting new requirements for exemptions for corporate...
Jul 26 2023 // Despite years of complaints from Florida property insurers and some lawmakers that out-of-control claims litigation was destroying the industry, recent regulators’ reports about the reasons for insolvencies make...
Jul 24 2023 // About the same time that it announced a major pull-back from the Florida and California markets, Farmers Insurance also sent thousands of nonrenewal notices to Georgia homeowners. In Georgia, though, the carrier appears to...
Jul 24 2023 // Many of the lowest-lying coastal areas of the Southeastern United States, including some heavily populated parts of Florida, will be subject to increased annual flooding in less than 30 years, according to scenarios mapped...
Jul 24 2023 // The Florida Legislature made national headlines late last year when it effectively curtailed one-way attorney fees and greatly limited plaintiffs’ fee multipliers in claims litigation. Property insurers celebrated...
Jul 24 2023 // The Latin American Association of Insurance Agents has elected new a new board of directors for the term that lasts through 2025.At its 53rd annual convention this month in Hollywood, Florida, the association named Juan...
Jul 21 2023 // Florida property insurers now have a week to attest that they have and use claims-handling manuals that reflect industry practices and standards, the state Office of Insurance Regulation said in a bulletin.By Aug. 1,...
Jul 21 2023 // A South Florida jury awarded $800,000 in damages to a little girl who received second-degree burns when a hot Chicken McNugget fell on her leg as her mother pulled away from the drive-thru of a McDonald`s...
Jul 21 2023 // Insured losses from hurricanes have risen steadily over just the past 15 years, with nine of the 10 costliest hurricanes in U.S. history occurring since 2005, according to the Insurance Information Institute...
Jul 20 2023 // With record heat in Florida and the rest of the U.S., officials in Miami-Dade County are moving to protect about 80,000 outdoor workers in the construction and agriculture trades.The Miami-Dade County Commission gave...
Jul 20 2023 // U.S. population growth in hurricane-prone states, coupled with the increasingly heavy rainfall which accompany these storms, has generated costlier insurance claim payouts for wind and flood-caused property damage,...
Jul 18 2023 // Global insurance broker Hub International Limited announced that it has acquired the assets of Edbrooke/Stelcner and Associates, Inc. in Coral Gables, Florida.Edbrooke/Stelcner is an employee benefits brokerage and...
Jul 17 2023 // The Auto Club Insurance Company (AAA) of Florida has announced that it will not renew a “very small percentage” of auto and home insurance package policies in Florida.But, the insurer stressed, it is not...
Jul 17 2023 // Walt Disney Co asked a Florida judge on Friday to dismiss a lawsuit by a state oversight board as part of the entertainment giant’s effort to pursue its case against Governor Ron DeSantis, the latest development in a...
Jul 17 2023 // With ample capital, Fitch Ratings’ latest annual ‘U.S. Hurricane Season’ report indicates U.S. property and casualty (P/C) and reinsurers can absorb losses if a large hurricane makes landfall this...
Jul 17 2023 // Reinsurers will continue to command adequate rates for property-catastrophe in 2024, even if the market comes through hurricane season unscathed, reinsurance company executives said.Kevin O’Donnell, president and...