Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Will Hurricane Ian Consume Florida’s Catastrophe Fund, Forcing More Back-Breaking Reinsurance Next Year?
Oct 17 2022 // While some analysts are predicting that the property insurance industry will be able to manage Hurricane Ian and its estimated $50 billion in insured losses, a few are now warning that the storm could significantly erode...
Judge Dismisses Florida Racketeering Lawsuit Against United P&C
Oct 14 2022 // A federal judge has dismissed a lawsuit against United Property & Casualty Insurance Co. and its adjusters, a closely watched legal action that charged the insurer had violated anti-racketeering laws to systematically...
Legislative Action Aims to Ease Florida Homeowners Insurance Market Struggles
Oct 12 2022 // This post is part of a series sponsored by AgentSync. Florida’s struggles to retain a property and casualty (P&C) insurance market have made headlines and spurred a special legislative session this year. With a...
Florida Shrimpers Lost Boats, Homes in Surge; Hope to Get Battered Fleet Back to Sea
Oct 12 2022 // The seafood industry in southwest Florida is racing against time and the elements to save what’s left of a major shrimping fleet — and a lifestyle — that was battered by Hurricane Ian. The storm’s...
Search for Victims Done, Florida Coast Begins Recovery from Storm
Oct 12 2022 // An army of 42,000 utility workers has restored electricity to more than 2.5 million businesses and homes in Florida since Hurricane Ian’s onslaught, and Brenda Palmer’s place is among them. By the...
Ian Claims in Florida Topping 449,000 So Far, But Many More Expected
Oct 11 2022 // The number of claims filed from Hurricane Ian continues to rise, topping 449,000 as of Monday, and estimated insured losses stand at more than $4.2 billion, the Florida Office of Insurance Regulation reported. Some 322,268...
Alligators, Broken Infrastructure, Wreckage Greet Claims Adjusters in SW Florida
Oct 11 2022 // Damaged infrastructure created new obstacles for claims adjusters responding to Hurricane Ian, along with widespread flooding, damaged cell phone towers and even an occasional alligator. Sedgwick Executive Vice President...
Ending Florida Agency Led to More Development, Losses in Ian, Report Says
Oct 10 2022 // The shuttering of a state agency that was created to manage growth in Florida’s vulnerable coastal areas may have helped fuel the steady development that during Hurricane Ian resulted in some of the largest insured...
Florida Citrus Industry Squeezed by Hurricane Ian; Crop Insurance to Cover Some Losses
Oct 7 2022 // The waters have receded, but the stink lingers. As Emma Reynolds Ezell surveys the damage that a night of 100 mile-per-hour winds wrought on her orange groves, she just can’t get over the stench. It’s nothing...
Florida Comp Workshop on Physician Dispensing Rules Moved to November
Oct 6 2022 // The Florida Division of Workers’ Compensation has rescheduled two workshops on proposed rules governing physician dispensing of medications. The workshops were set for Sept. 29 but were postponed due to the arrival...
After Ian Swamped His Office and Home, Florida Insurance Agent Picking Up the Pieces
Oct 6 2022 // John Gardner this week found himself in a position no insurance agent would like to be in: no office to work in, no electrical service and no internet, but with hundreds of policyholders clamoring to file claims. And...
Most Habitable Homes in Florida Should Get Power Restored by End of Week, FPL Says
Oct 5 2022 // Nearly a week after Hurricane Ian smashed into Florida and carved a path of destruction that reached into the Carolinas, hundreds of thousands of Florida residents faced another day without electricity Tuesday as rescuers...
Will Ian Consume Florida Cat Fund, Forcing More Back-Breaking Reinsurance?
Oct 5 2022 // While some analysts are predicting that the property insurance industry will be able to manage Hurricane Ian and its estimated $50 billion in insured losses, a few are now warning that the storm could significantly erode...
Regulatory Roundup: Florida Warns of Crypto Scam, Louisiana Helps with $129 Million in Additional Claims, Connecticut Weighs in on Federal Subsidies
Oct 4 2022 // This post is part of a series sponsored by AgentSync. State by state variations of laws, compliance protocols, industry transparency, and general regulatory cultures can lend one the impression that keeping up with...
In Ian’s Wake, Dangers Worsen in Parts of Florida
Oct 4 2022 // People kayaking down streets that were passable just a day or two earlier. Hundreds of thousands without power. National Guard helicopters flying rescue missions to residents still stranded on Florida’s barrier...
Florida Cities Crushed by Ian Face Highest Borrowing Costs in Decade
Oct 4 2022 // Florida cities looking to rebuild from the devastation of Hurricane Ian will be financing their efforts during the worst environment for municipal borrowing in more than a decade. Washed-out roads and bridges are only the...
Video Shows Ian Storm Surge Devastated Part of Florida; Losses Mounting
Oct 3 2022 // Powered by InsuranceJournal.tv FORT MYERS, Fla. – Dave Lusk, who lives on San Carlos Island, sandwiched between Fort Myers and devastated Fort Myers Beach, Florida, told the story of how his daugther and her family...
Misrepresentation by Insured? It’s Complicated, Florida Appeals Court Says
Oct 3 2022 // Proving that an insured misrepresented the extent of damage from a storm may have become a little more complicated for Florida insurance companies this year. Florida’s 5th District Court of Appeals in September...
Hurricane Ian Losses Up to $47B in Florida, Sinking More Insurers, CoreLogic Calculates
Sep 30 2022 // Wind and storm-surge losses from Hurricane Ian could reach as $47 billion in Florida alone, a figure made larger by inflation and rising interest rates, the property analytics firm CoreLogic said in a new...
Florida Hospital Gets Hit from Above and Below in Hurricane
Sep 30 2022 // Hurricane Ian swamped a Florida hospital from both above and below, the storm surge flooding its lower level emergency room while fierce winds tore part of its fourth floor roof from its intensive care unit, according to a...
