All the headlines from our Florida Topic Page, ordered by recency.
Apr 7 2022 // If the Florida homeowners’ insurance market were in a medical exam, the diagnosis would find the patient in dangerously poor condition. The patient’s vital signs—its financial results—are troubling. What is...
Apr 7 2022 // Most of the defendants in Florida’s lawsuit over the opioid epidemic have settled for more than $870 million, according to the state attorney general. One remains: Walgreens Co. is not giving up.A jury has been...
Apr 6 2022 // King Insurance, an insurance brokerage known for its rapid expansion in recent years, has acquired Generic Insurance Agencies of North Central Florida. GIA operates out of offices in Gainesville and West Palm Beach,...
Apr 6 2022 // Property insurance companies and roofers in Florida don’t often see eye-to-eye. Insurers have frequently blamed unscrupulous contractors for jacking up claims, and roofing companies have sued insurance carriers,...
Apr 1 2022 // A decision handed down Thursday by the Florida Supreme Court, along with a recent ruling by state regulators, could give insurers another tool that could be used to stem the tide of claims litigation.In AirBnB Inc. vs....
Apr 1 2022 // A federal court jury in Vermont on Wednesday awarded a Florida woman $5.25 million from a doctor who used his own sperm to impregnate her during an artificial insemination procedure in 1977.The federal court jury in...
Mar 31 2022 // Florida has reached more than $878 million in settlements with CVS Health Corp and three drug companies to resolve claims and avert a trial next month over their roles in fueling an opioid epidemic in the third most...
Mar 31 2022 // The Demotech rating firm has withdrawn the financial stability rating for another Florida-admitted insurer, Lighthouse Property Insurance. It’s an ominous sign for the company and for Florida’s deteriorating...
Mar 30 2022 // A special insurance-reform session of the Florida Legislature probably won’t happen before November, when a new House speaker takes office. But the state’s insurance regulators are taking steps on their own to...
Mar 29 2022 // Lexington Insurance, an AIG company, is pulling out of the Florida homeowners market, leaving an estimated 8,000 affluent customers looking for coverage.And those homeowners likely won’t be able to turn to Citizens...
Mar 28 2022 // The Demotech rating agency has joined the relatively small number of voices calling for a special session of the Florida Legislature to enact changes that insurers hope will help curtail fraudulent roof claims, deter...
Mar 28 2022 // State officials and the amusement ride company are investigating how a 14-year-old fell to his death from a free-fall amusement park ride that is 430-feet high, taller than the Statue of Liberty, in the heart of...
Mar 25 2022 // The Florida Office of Insurance Regulation will hold a hearing on Thursday, March 31, to examine a request by Citizens Property Insurance Corp. for a near-maximum rate increase for most of its policies.Citizens, limited by...
Mar 25 2022 // A tiger mauled a worker Tuesday afternoon at a Florida airboat attraction, officials said.The attack occurred at Wooten’s Everglades Airboat Tours in Ochopee, according to the Collier County Sheriff’s Office....
Mar 25 2022 // Editor’s note: Insurers report that an increasing share of claims and claims litigation is the result of non-weather water damage. Jacksonville attorney Joseph Mackey, formerly of the Marshall Dennehey law firm and...
Mar 23 2022 // Two construction workers in Boynton Beach were killed Tuesday when a concrete wall they were installing fell and crushed them.One local TV news station said the fatalities happened when a construction crane collapsed at...
Mar 22 2022 // Florida Gov. Ron DeSantis has not called a special session of the Legislature to tackle festering property insurance problems, but he said he welcomes the idea of legislative leaders convening lawmakers on their...
Mar 22 2022 // The February news that five Florida-admitted property insurers had stopped writing new business in the state painted a picture of impending doom for the insurance market in the state. But officials with one of those...
Mar 21 2022 // After a sharp increase in January, the number of new litigated claims in Florida dropped 11% in February for Florida’s largest property insurers, according to CaseGlide, makers of claims litigation management...
Mar 21 2022 // Avatar Property & Casualty Insurance Co. has officially entered into liquidation, and insured homeowners in Florida have less than three weeks to find new carriers.The insolvent company, the second this year and the...