Latest Florida Headlines

All the headlines from our Florida Topic Page, ordered by recency.

People Moves: Florida Peninsula Holdings Makes Cantor Vice Chair of Board

Jul 16 2024 // Florida Peninsula Holdings and Windward Holdings, which together own and manage Florida Peninsula Insurance Co., Edison Insurance and Ovation Home Insurance Exchange, has named its co-founder vice chairman of the...

Florida Citizens Board Votes to Raise Rates 14% But Costs Are Down

Jul 15 2024 // The board of governors for Florida’s state-created Citizens Property Insurance Corp. voted unanimously in June to raise personal lines rates by an average of 14% statewide – near the maximum allowed under the...

Florida Tax Watch Calls for Renewed Tax Breaks for Home Hardening Efforts

Jul 12 2024 // Florida Tax Watch, a nonprofit government watchdog in operation for 45 years, is urging state lawmakers to expand wind-mitigation tax breaks for homeowners struggling with higher insurance premiums.The group this week...

People: Stacks Brokerage in Florida Names Bordman Commercial President

Jul 11 2024 // Stacks Insurance Brokerage in Lighthouse Point, Florida, has named Kenny Bordman partner and president of commercial insurance. Bordman has more than a decade in commercial insurance, preceded by years in the U.S. Army and...

Florida, Environmental Groups Settle Lawsuit Over Massive Phosphate Leak

Jul 11 2024 // ST. PETERSBURG, Fla. (AP) — Environmental groups and Florida regulators have settled a lawsuit over the 2021 leak of millions of gallons of polluted water from a phosphate plant reservoir into Tampa Bay, which triggered...

Can Insurers Sue School Boards for PIP Claim Reimbursement? Florida Courts Differ

Jul 9 2024 // In 1997, Florida lawmakers tweaked the state’s personal injury protection or “no-fault” auto insurance law. The idea was to allow school kids injured in a school bus accident to have some of their medical...

Homebuilders Cut on ‘Sluggish’ Housing Market, Florida Woes

Jul 9 2024 // Homebuilder-stock analysts are increasingly worried about signs of softening in key hot spots like Florida and Texas.Lennar Corp. and D.R. Horton Inc. were downgraded by Citigroup Inc. analyst Anthony Pettinari on concerns...

Pongamia Tree Moves in on Florida Citrus, Promises Climate Resilience, Protein

Jul 8 2024 // An ancient tree from India is now thriving in groves where citrus trees once flourished in Florida, and could help provide the nation with renewable energy.As large parts of the Sunshine State’s once-famous citrus...

CFO Names Gallagher to Board of Florida Insurance Guaranty Association

Jul 8 2024 // Tom Gallagher, an éminence grise or elder statesman of the Florida property insurance world and current chief operating officer for People’s Trust Insurance Co., now has another job to put on his resumé: board...

Florida Governor Names Insurance Defense Lawyer to Appeals Court

Jul 8 2024 // The Florida property-casualty insurance industry, having seen wins and losses at the appellate court level in recent years, will soon have a familiar face on the bench that hears appeals for part of litigation-heavy south...

Florida Arts Groups’ Insurance Could be Affected With DeSantis Veto of Funding

Jul 3 2024 // ORLANDO, Fla. (AP) — The Coral Gables Art Cinema will be short more than $100,000 this year. About $150,000 has suddenly disappeared from the Orlando Philharmonic Orchestra’s budget. The Miami New Drama also has an...

North Carolina, Florida Home Sellers Facing New Flood Disclosure Requirements

Jul 2 2024 // As of this week, home sellers in North Carolina must now disclose previous flood damage to properties. And come Oct. 1, Floridians must make similar disclosures, potentially boosting the demand for flood insurance.The...

Changes at American Coastal Insurance After Florida OIR Action on ‘No-Fly List’

Jul 1 2024 // Florida regulators’ effort to enforce a 2002 state law and keep insolvent insurers’ officers out of carrier leadership roles appears to be a reason behind a significant shakeup at St. Petersburg-based American...

Florida Law Means Time Is of the Essence on Construction-Defect Subro Actions

Jul 1 2024 // Florida Senate Bill 360 became law on April 13, 2023. It significantly reduced the time Florida’s statute of repose and statute of limitations give plaintiffs – including subrogating insurers – to bring civil...

Three Charged With Helping Agents Cheat on Florida Insurance License Exams

Jun 28 2024 // Three Miami people, two them licensed insurance agents, have been charged with operating an unauthorized insurance agent licensing school and taking license examinations in applicants’ place. At least five...

Florida Family Files Tort Action Against NASA After Space Debris Damaged Home

Jun 26 2024 // A family in Naples, Florida, has filed suit against NASA, contending that debris from the International Space Station damaged their home and mental well-being when it crashed through the roof in March.The claim, filed...

Florida Governor Suspends City Councilwoman Indicted on Insurance Fraud Charges

Jun 26 2024 // A Florida city council member has vowed to return to office after Gov. Ron DeSantis suspended her over allegations that her clinic overbilled and defrauded health insurers.The Miami Herald and multiple news outlets...

Workers Sue Disney, Say They Were Wrongly Induced to Move to Florida

Jun 25 2024 // ORLANDO, Fla. (AP) — Disney workers are suing their employer, claiming they were fraudulently induced to move from California to Florida to work in a new office campus only to have those plans later scrapped amid a fight...

LAAIA Posts Scholarship Winners Ahead of Upcoming Florida Convention

Jun 21 2024 // The Latin American Association of Insurance Agencies and the Spencer Educational Foundation have announced college risk-management and insurance scholarship winners for 2024. Mendoza Lunatti, an incoming senior at...

Insured Losses from Recent South Florida Floods Reaching into the Millions

Jun 21 2024 // Recent flooding in south Florida caused insured losses in the hundreds of millions of dollars, from auto and homeowners claims, Aon and AM Best reported.The Florida Office of Insurance Regulation is also reminding insurers...