All the headlines from our Florida Topic Page, ordered by recency.
Aug 30 2024 // RLI Insurance, a specialty insurer serving niche markets, will raise rates on personal umbrella policies, including uninsured motorists’ coverage, by an average of 16%, starting Sept. 1, according to a use-and-file...
Aug 29 2024 // Florida’s state-created Citizens Property Insurance Corp., has a few issues it needs to address, including policies with coverage values above its statutory limit, not sending enough renewals to its Clearinghouse,...
Aug 26 2024 // FCBI, a self-insurance fund founded 45 years ago to provide workers’ compensation plans to Florida citrus growers, is expanding well beyond the Sunshine State with the acquisition of MidSouth Mutual Insurance Co. in...
Aug 21 2024 // Florida Peninsula Managers, the managing general agency for Florida Peninsula Insurance and Edison Insurance, has officially changed its name to Windward Risk Managers, the name of the company that has managed it for...
Aug 19 2024 // Investigators with Florida’s Department of Financial Services last week charged a south Florida man with acting as a public adjuster without a license and defrauding policyholders of more than $34,000.It’s the...
Aug 16 2024 // Florida authorities have arrested a well-known southwest Florida insurance agent, charging him with larceny and embezzlement of premiums.Reid McDaniel, 33, who was named the honorary mayor of North Fort Myers last year but...
Aug 12 2024 // The number of Florida claims from Hurricane Debby, filed within five days of the storm, already is almost half of the number of claims filed from Hurricane Idalia in a three-month period.Debby claims by Friday had reached...
Aug 9 2024 // IMA Financial Group, a large brokerage specializing in wealth management and risk advice, is moving into the Florida commercial property insurance market with the merger of Wallace Welch & Willingham Inc. WW&W,...
Aug 8 2024 // Tampa-based Heritage Insurance, enjoying improved profits for the second quarter this year, said it plans to resume writing new policies in Florida and Northeastern states, two years after it ceased new business in the...
Aug 8 2024 // Significant flooding was expected across southeast North Carolina and eastern South Carolina Thursday and Friday as Tropical Storm Debby made a second landfill just north of Charleston.“Debby will continue to slowly...
Aug 8 2024 // If a property insurer is going to object to an appraisal panel member’s fee arrangement, it must do so early in the process – not after the panel provides an unfavorable, multimillion-dollar appraisal award.That...
Aug 7 2024 // The Florida Office of Insurance Regulation said it is reminding property insurers in the state to file Hurricane Debby claims data Thursday and Friday this week.Insurers should use the Simplified 2024 Catastrophe Reporting...
Aug 6 2024 // Hurricane Debby left at least six people dead Monday along with widespread flooding in the same parts of Florida and Georgia that were swamped by Hurricane Idalia less than a year ago.Debby made landfall near Steinhatchee,...
Aug 5 2024 // Authorities have released the name of a Florida sheriff’s deputy killed in what officials called an ambush shooting that wounded two other deputies as they tried to reach him after all responded to a disturbance in a...
Aug 5 2024 // Hurricane Debby slammed into Florida southeast of Tallahassee as a Category 1 storm after intensifying over warm waters, the latest evidence that this will be a robust season for tropical cyclones.The storm’s top...
Aug 5 2024 // Just as another hurricane hit Florida, the child of a central Florida woman is litigating a claim from a previous storm – Hurricane Ian in 2022. This time, though, the plaintiff claims not only breach of contract by a...
Aug 5 2024 // Reinsurance in Florida’s long-stressed property insurance market was supposed to have stabilized this year – with only moderate rate increases and more availability.But those calmer waters apparently have not...
Aug 5 2024 // As of July 1, 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 North...
Aug 2 2024 // The National Hurricane Center is keeping an eye on a tropical wave that could strengthen over the weekend, bringing heavy rain to parts of Florida. Gov. Ron DeSantis declared a state of emergency for 50 Florida counties...
Aug 1 2024 // A report from Moody’s Ratings service contends that one good hurricane this year could wipe out the Florida Cat Fund’s reserves, potentially forcing it to place a small surcharge on Florida insurance premiums...