Florida’s United Insurance to Expand Into 7 Northeast, Southeast States
United Property & Casualty Insurance Co.
Farm, Insurance Loss Estimates from Florida Freeze Still Weeks Away
It will still be weeks, into March and April, before the full extent of crop damage and insurance payments from Florida’s recent extended freeze will be known. While Florida’s citrus …
State Farm Begins Sending Non-Renewal Notices in Florida This Week
Thousands of State Farm Florida property insurance customers will be seeing notices in their mailboxes this week saying their policies will not be renewed, a company spokesman said. The first wave …
Florida’s St. James Promotes Mertz to Marketing Director
St. James Insurance Group in Orlando, Florida has promoted Jonathan Mertz, vice president and operations manager, to marketing director.
Florida Hospitals Must Tell Patients of Lawsuit Limits
The Florida Supreme Court says hospitals must warn patients about a state law that bars malpractice lawsuits for birth-related neurological injuries. The justices last week ruled hospitals that …
Florida Agents, Consumer Group Sound Alarm Over ‘Perilous’ Property Market
Insurance agents, a former insurance commissioner and a consumer advocate have sounded an alarm about the property insurance marketplace in Florida, a market that has seen four insurers get into …
Florida Citrus Growers Report More Damage From Another Freeze
Citrus growers in central Florida Tuesday reported more freeze damage to their oranges from another night of freezing temperatures and said they also feared leaf and twig damage could hurt the …
Florida CFO Helps Customers Recover $22 Million from Insurers
The Department of Financial Services helped recover over $22 million for Florida’s insurance consumers in 2009, according to officials. The $22 million represents an increase from $14 …
Louisiana Homeowners Insurance Pricey; Texas and Florida Are More Expensive
Louisiana remains the third most expensive homeowners insurance market in the nation behind Florida and Texas, according to newly released data from the National Association of Insurance …
Florida Peninsula Acquires Home Insurer Edison
Boca Raton-based Florida Peninsula Holdings has agreed to acquire another Florida property insurer, Edison Insurance Group, including its two subsidiaries, Edison Insurance Co. and Edison …
Report: Florida’s Workers’ Comp Market is Competitive
A new report released by the Florida Office of Insurance Regulation concludes the state's workers' compensation insurance market is competitive. The report, based on data from 2008, shows the …
Florida’s Homeowners Choice Assumes 23,000 Policies from Citizens
State officials have authorized a private Florida insurer to accept 23,000 policies from the state-owned insurer, Citizens Property Insurance Corp.
Florida Insurer Magnolia Placed Under State Supervision
Home insurer Magnolia Insurance Co. has been placed under administrative supervision by Florida insurance regulators who said it is in unsound financial shape and its president, H. James Irl, has …
Florida Driver’s Licenses Have New ID Requirements
Renewing or updating information on driver's licenses in Florida will get tougher after Dec. 31.
Florida Judge Approves Liquidation of First Warranty
A Circuit Court judge in Florida's Leon County has ordered the warranty company, Intercontinental Marine Service Corp., which does business as First Warranty Group of Florida, into liquidation. …
Michigan Orders Florida Man to End Unlicensed Insurance Activity
The Michigan Office of Financial and Insurance Regulation (OFIR) has ordered a Florida man who is not licensed to sell insurance
State Farm to Stay in Florida, Cancel 15% of Policies, Raise Rates 15%
State Farm Florida will remain in Florida under a negotiated agreement that allows it to cancel about 15 percent of its policies and raise rates 14.8 percent. The deal also allows its contract …
Florida Municipal Insurance Trust Says 2009 a ‘Record’ Year
The non-profit insurance trust for cities and towns in Florida reports it had a record-breaking year in 2009, with a 35 percent increase in written premiums and a 92 percent renewal rate among its …
1988 Case in Nebraska Involving Florida Insurance Agency Not Over Yet
After more than a decade and four Nebraska Supreme Court rulings, a new trial may soon be scheduled in a multimillion-dollar insurance dispute between Florida and Countrywide Insurance …
Florida Fines People’s Trust Agency for Unlicensed Sales; Orders Policy Rewrites
A Florida online insurance agency found to have sold homeowners policies using unlicensed personnel will pay a $100,000 fine. The agency will also contact every customer affected and offer to …
Florida Insurance Economist Spudeck Honored
The National Association of Insurance Commissioners (NAIC) today presented Dr.
TV Host Grace Cited in Florida Wrongful Death Suit Over Suicide
A Harvard professor says CNN Headline News host Nancy Grace's relentless questioning of a Florida mother three years ago contributed to her suicide, according to a filing in the family's wrongful …
Hearing on State Farm Florida Exit Plan Postponed Until January
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Miami Condo Association Sues QBE Insurance Over Hurricane Claims
A Miami condominium association is suing its insurer, QBE Insurance Corp., and its Florida general managing agent, for more than $500 million in damages, claiming bad faith and deception in …
Florida Lawsuit Claims TD Bank Was ‘Epicenter’ in Alleged Ponzi Scheme
TD Bank was hit with a multimillion-dollar lawsuit Friday calling it the “financial epicenter'' of an alleged Ponzi scheme run by disgraced Florida lawyer Scott Rothstein. The unit of Canada's …
McCarty Hopeful State Farm Exit from Florida Can be Avoided
The state’s largest private property insurer may not leave Florida after all, Insurance Commissioner Kevin McCarty told Gov. Charlie Crist and other members of the Florida Cabinet. McCarty, …
Gov. Crist Urges Florida Lawmakers to Ban Texting While Driving
Gov. Charlie Crist has urged Florida lawmakers to ban texting while driving. Crist this week asked Julie Jones, executive director of the Department of Highway Safety and Motor Vehicles, to …
Florida Weighs Citizens’ Rate Hikes for High-Risk Accounts
Owners of nearly 420,000 high risk properties in Florida could see their insurance premiums rise next year. State-backed Citizens Property Insurance Corp.
Florida Consumer Advcoate Seeks Ban on Balance Billing
Florida's Insurance Consumer Advocate said he is trying to find a lawmaker to help him ban a practice that sticks patients with big bills their health plans won't cover. Sean Shaw, Florida's …
Real Estate Agent Arrested for Workers’ Comp Fraud in New York
A Florida real estate agent has been arrested in New York for committing insurance fraud against the state's largest workers' comp insurer, the New York State Insurance Fund. Ben Keskin, 52, …