All the headlines from our Florida Topic Page, ordered by recency.
Sep 27 2022 // Despite monitoring by Florida regulators, cancellation of more than 56,000 policies, and an extensive restructuring plan this year, FedNat Insurance Co. is now insolvent and must be liquidated – the sixth Florida...
Sep 23 2022 // After lashing Bermuda, Hurricane Fiona is racing north toward Eastern Canada, threatening to become the most powerful storm ever to hit the region. A second system, meanwhile, is developing in the Caribbean and may strike...
Sep 22 2022 // A group of workers’ compensation carriers has filed a formal challenge to the state’s hospital reimbursement plan, arguing that payment levels would be far out of line with what other states allow and what...
Sep 21 2022 // Amwins Connect, a national general agency that offers health and ancillary insurance solutions to benefits brokers, said it has expanded into the Florida market. The agency assists brokers with sales, renewals,...
Sep 21 2022 // A Florida insurance company has landed another blow against one of the industry’s most active opponents, after an appeals court upheld the dismissal of a breach-of-contract lawsuit brought by an assigned...
Sep 20 2022 // In a twist of fate and a sign of the times, some Florida business groups are backing the Democrat in a state House race in the Tampa area, while trial lawyers are putting their weight behind the Republican challenger.The...
Sep 19 2022 // Recent developments have sparked new debate about the role that Citizens Property Insurance Corp. should play in Florida’s rapidly shifting property insurance market, with potential changes that could affect agents,...
Sep 16 2022 // Tropical Storm Fiona, the season’s sixth named storm, was expected to graze Puerto Rico before turning north and staying east of Florida, and forecasters at the U.S. National Hurricane Center issued tropical storm...
Sep 15 2022 // Mango Questions State-Run Ratings Agency IdeaFlorida-domiciled property carriers are extremely reliant on the reinsurance market, making them vulnerable to coming price hikes, a just-released report from the AM Best...
Sep 14 2022 // Proving that an insured misrepresented the extent of damage from a storm may have just become a little more complicated for Florida insurance companies. Florida’s 5th District Court of Appeals last week reversed a...
Sep 14 2022 // The name Guarantee Insurance is not one that is likely to be recalled with fondness by many Floridians. The workers’ compensation carrier in 2017 was declared insolvent, a rarity in what is one of the most profitable...
Sep 12 2022 // A second patient has died after surgery at a Brazilian butt-lift clinic in south Florida, and the state medical board has banned a surgeon there from performing the procedures.The Miami Herald reported that Dr. John...
Sep 12 2022 // King Insurance, a rapidly expanding brokerage based in Gainesville, Florida, has announced the acquisitions of two more Florida agencies.King officials said that it bought Tallahassee-based Brad Burns Insurance, which...
Sep 9 2022 // Former Florida Insurance Commissioner Kevin McCarty is criticizing current state regulators over their recent digs at the Demotech financial rating firm, after Demotech warned it would downgrade more than a dozen property...
Sep 8 2022 // U.S. Rep. Charlie Crist, a Democratic candidate for governor of Florida, has continued to needle incumbent Gov. Ron DeSantis for his handling of the property insurance crisis in the state.At a press conference Wednesday,...
Sep 6 2022 // A boating accident in the Florida Keys left a teenager dead and 10 other people injured, according to local media.The Miami Herald reported that Lucy Fernandez, a 17-year-old high school senior from Miami, was among 14...
Sep 6 2022 // Recent developments have sparked new debate about the role that Citizens Property Insurance Corp. should play in Florida’s rapidly shifting property insurance market, with potential changes that could affect agents,...
Sep 1 2022 // Lawyers who secured a $1.1 billion settlement in the deadly collapse last year of a beachfront Florida condominium building were awarded more than $70 million in fees Monday by a judge.The total was less than the...
Sep 1 2022 // A former attorney with one of Florida’s top insurance defense firms has been disbarred after the Bar said she engaged in repeated acts of neglect, deception and forgery.Erika Lynn Muller, until recently a partner...
Sep 1 2022 // Those familiar with insurance fraud schemes in Florida will remember Operation Rubicon. That was the year-long investigation by Miami-Dade and Florida authorities into an alleged property insurance fraud scheme that...