All the headlines from our Florida Topic Page, ordered by recency.
Jun 29 2023 // Florida law enforcement pushed back this week against a nationwide surge in auto thefts, announcing that 23 people were arrested for their alleged participation in a crime ring that forged vehicle identification numbers...
Jun 28 2023 // A trio of property/casualty carrier executives voluntarily offered their views on a growing insurance availability crisis in a state like California at an industry conference last week, pointing to regulatory disconnects...
Jun 28 2023 // Travelers must pay a $2 million claim by the owner of a 92-foot-long yacht that was sunk by Hurricane Irma because Florida law does not allow insurers to deny claims based on inconsequential technicalities.A panel of the...
Jun 27 2023 // It seems that few are safe from soaring property insurance rates in Florida, not even those with strong connections to a higher authority.The Crux, a Catholic news outlet, reported that the Catholic Church’s...
Jun 27 2023 // The Florida Insurance Guaranty Association, which handles the claims of insolvent insurers, plans to borrow $600 million by selling municipal bonds, according to preliminary offering documents. It is the first time in...
Jun 27 2023 // Florida lawmakers this year approved a measure that could help reduce liability insurance premiums for home and condo builders – and limit exposure and litigation for liability insurers.But Senate Bill 360, which took...
Jun 22 2023 // A homeowner in Florida has been charged with fraud after failing to report a previous claim on her house, the state’s Department of Financial Services said Wednesday. Nancy Salomon, of Port St. Lucie, applied for an...
Jun 22 2023 // Transamerica’s annuity and life insurance units have dodged a bullet and are not liable for their roles in a mentally challenged man giving away most all of his lifetime structured-settlement benefits, a federal...
Jun 21 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...
Jun 21 2023 // Florida Gov. Ron DeSantis has vetoed flood-control and other measures in central and west Florida and at least one Republican claims that it was retaliation for his support for the governor’s rival in the 2024...
Jun 19 2023 // PERRYTON, Texas (AP) – As Sabrina Devers watched what would turn out to be a deadly storm approach her ranch just north of the Texas Panhandle town Perryton, she first spotted golf ball-sized and then softball-sized...
Jun 19 2023 // Damaging winds and possible tornadoes toppled trees, damaged buildings and blew cars off a highway Wednesday as powerful storms crossed the South from Texas to Florida to Georgia late last week.The National Weather Service...
Jun 19 2023 // After appointees of Florida Gov. Ron DeSantis took over Walt Disney World’s governing district earlier this year, its firefighters were among the few employees who publicly welcomed them with open arms.But that warm...
Jun 19 2023 // ORLANDO – Just as some California insurance agents are expressing grave concerns about the future of that state’s insurance market, a number of Florida agents feel like they’ve turned something of a...
Jun 19 2023 // The Florida Supreme Court has underscored the right for plaintiffs to win legal fees in some cases, even if they don’t prevail in court. The decision suggests that insurance companies’ efforts to reduce...
Jun 19 2023 // Specialty, Socius Insurance ServicesRyan Specialty has signed a definitive agreement to buy national wholesale broker Socius Insurance Services from Abry Partners, employees, and other shareholders. Socius will become a...
Jun 19 2023 // Florida’s legislature and Gov. Ron DeSantis took a big step forward during the 2023 Legislative Session with the signing of House Bill 837, which protects the state’s consumers and business owners from runaway...
Jun 19 2023 // SFR Services, a Florida restoration firm made famous by its volume of claims litigation and its charges that United Property & Casualty Insurance Co. had instructed desk adjusters to alter their estimates, now finds...
Jun 16 2023 // Farmers Insurance has confirmed it has halted sales of new homeowners policies in Florida just as the new hurricane season is getting underway.The insurer cited rising costs as the reason. “With catastrophe costs at...
Jun 16 2023 // Jacksonville’s Smart Pharmacy, Inc., SP2, LLC, and owner Gregory Balotin have agreed to pay at least $7.4 million to resolve lawsuits filed in Jacksonville, Florida, alleging they violated the False Claims Act by...