All the headlines from our Florida Topic Page, ordered by recency.
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...
Mar 21 2022 // The news that a startup Florida insurance company will assume $400 million in policies from the now-insolvent St. Johns Insurance Co. – without input from other carriers – has set tongues wagging and emails...
Mar 18 2022 // The operator of a drawbridge where a woman fell to her death last month was arrested Thursday, five weeks after the incident, according to South Florida news reports.Artissua Lafay Paulk, 43, of Greenacres, was charged...
Mar 18 2022 // NSI Insurance Group, one of the largest privately owned brokerage firms, announced it has acquired Florida-based HoneyQuote.com, a startup insurtech company that matches users with property insurers carriers in real...
Mar 17 2022 // The recent arrest of two men associated with a large Florida roofing company, on charges of offering “free roofs” and rebates to cover homeowners’ insurance deductibles, has met with strong reactions...
Mar 14 2022 // The death knell sounded for the 2022 Florida Legislative session Friday with no major property insurance reform bills passed. But the ghosts of rising premiums and failing insurers will continue to haunt the state, and...
Mar 11 2022 // A Central Florida couple has pleaded guilty to fraud, conspiracy and underreporting payroll in a scheme that produced fake certificates of insurance for construction workers in order to reduce workers’ compensation...
Mar 10 2022 // The AM Best rating firm has downgraded the credit rating and the outlook for Florida Family Insurance and its subsidiary, Florida Family Home Insurance Co.The rating firm said the companies’ long-term issuer credit...
Mar 10 2022 // With just two days left in the 2022 Florida legislative session, a comprehensive property insurance reform bill appears to be dead. But lawmakers were said to be looking for ways to fold some of the main provisions into...
Mar 9 2022 // A Florida woman who said she was kidnapped, raped and thrown out of a vehicle last year has now been charged with insurance fraud. Alma Delia Duran, 54, of Summerfield, sparked a manhunt in March 2021 around Ocala, in...
Mar 9 2022 // Florida’s Senate Bill 76, signed into law last June, was supposed to help reduce insurance claims litigation by making policyholders give 10-day notice before they file suit. The idea was to give insurers a little...
Mar 8 2022 // Two weeks after St. Johns Insurance Co. was declared insolvent, Florida regulators have taken steps to begin liquidating Tampa-based Avatar Property & Casualty Insurance Co., making it the second carrier this year to...
Mar 7 2022 // Hundreds of residents near Panama City, Florida, were forced to evacuate from a wildfire that destroyed at least two homes and damaged others in an area still recovering from Hurricane Michael in 2018.Local news sites...
Mar 7 2022 // Hurricane Harvey dumped more than 50 inches of rain on parts of the Texas coast in 2017. Then in 2020, ferocious winds from Hurricane Laura destroyed homes across coastal Louisiana. Hurricane Ida hit in 2021, leaving the...
Mar 7 2022 // The news that a startup Florida insurance company will assume $400 million in policies from the now-insolvent St. Johns Insurance Co. – without input from other carriers – has set tongues wagging and emails flying...
Mar 7 2022 // “If economic pressures dampen pricing, or if catastrophes result in escalating losses owing to inflation, or if more dangerous strains of COVID-19 emerge, the combined ratio may trend higher.”— Michelle...
Mar 4 2022 // The Florida Senate approved a bill that could limit many homeowners’ roof claims, which some insurers have called a major factor behind the state’s insurance crisis, but the bill’s future in the House...
Mar 4 2022 // After several months of investigation, Florida regulators have filed an official action against a public adjuster that insurance companies had complained about, a move that could soon lead to the suspension of his license...