Latest Florida Headlines
All the headlines from our Florida Topic Page, ordered by recency.
Blood is Not Excluded Pollutant, Florida High Court Says by Declining to Hear Case
Aug 9 2023 // The Florida Supreme Court this week declined to hear an appeal from Florida Farm Bureau General Insurance. The move essentially upholds a lower court that cut down the insurer’s argument that a burglar’s blood...
DeSantis’ Retaliation vs. Disney Hurting Florida, Former GOP Officials Say in Court
Aug 8 2023 // Saying Gov. Ron DeSantis has followed the autocratic examples of governments in Russia and China, a group of mostly Republican former high-level government officials and business leaders has called the Florida governor`s...
Massive Citizens Takeout Plan Seen as Sign That Things Are Looking Up in Florida Market
Aug 7 2023 // Stakeholders near and far are hailing a near-record number of takeouts from Citizens’ Property Insurance Corp. as a sign that the troubled Florida insurance market is improving, even if it will likely mean higher...
My New Markets
Aug 7 2023 // Workers’ Compensation Market Detail: GMI Insurance Services offers workers’ compensation coverage for contractors, healthcare businesses, retailers and auto dealers, plus hundreds of other classes. GMI has over...
Fun Equals Risk. Sigh.
Aug 7 2023 // Those in the insurance industry tend to view everything through a lens of risk and responsibility. Sure, that game/sport/amusement/party looks like a good time, but what horrible thing could happen? And who is going to pay...
Florida Injury Lawyer Pleads Guilty to Defrauding Players, Litigation Funders in NFL Suits
Aug 4 2023 // A Florida injury attorney, now disbarred, has pleaded guilty to swindling litigation funders and former NFL football players who had sued the league over concussion injuries. Just before his trial was set to begin in...
Report: 244M in U.S. Felt at Least One July Day with Temps Likely Due to Climate Change
Aug 3 2023 // Eight-in-10 people around the globe in July were exposed to one day or more of heat made at least three times more likely by climate change, and 244 million people in the U.S. experienced at least one such day in the...
Ray of Sunshine: Florida Insurers Show Profit as Citizens Takeouts Rise – S&P Global
Aug 2 2023 // Republished from S&P Global Market Intelligence For the first time in three years, Florida’s struggling domestic residential property insurers have posted a quarterly profit, according to an analysis by S&P...
After UPC Insolvency, Parent Company Rebrands to American Coastal Insurance
Aug 1 2023 // Six months after its namesake insurance carrier was deemed insolvent, United Insurance Holdings is rebranding itself in the name of its surviving insurer, as American Coastal Insurance Corp. The St. Petersburg,...
Florida Judge Won’t Dismiss Suit Over Disney’s Governing Board
Jul 31 2023 // A judge in Florida on Friday refused to dismiss a lawsuit brought by Gov. Ron DeSantis appointees against Disney’s efforts to neutralize the governor`s takeover of Disney World’s governing district. The judge...
Florida Citizens’ Board Approves $36M for New and Improved Clearinghouse Platform
Jul 31 2023 // Florida insurance agents will soon be able to access a new online clearinghouse platform designed to make it easier to steer policyholders away from the still-growing, state-created Citizens Property Insurance Corp. The...
Florida’s Universal Profits Are Up as Carrier Sheds Policies, Feels Impact of Reforms
Jul 28 2023 // Efforts by Universal Insurance Holdings, the publicly traded parent company of one of Florida’s largest property and casualty insurers, to shed policies, spread risk and raise rates appears to have paid off so far in...
Florida Democratic Senators Host Facebook Town Halls on Continuing Insurance Crisis
Jul 27 2023 // Two Florida Democratic state senators are hosting webinars this month and next on the state’s property insurance situation. “Homeowners Insurance 101: A Guide for Insurance Coverage,” a series of virtual...
Payroll Was Millions More than Florida Contractor Reported, DFS Says
Jul 27 2023 // A south Florida contractor faces significant jail time after he was arrested for vastly underreporting his payroll to his workers’ compensation insurer. Hector Gutierrez-Morales, owner of HG & AKE Construction...
What You Need to Know About States’ Insurers of Last Resort
Jul 26 2023 // This post is part of a series sponsored by AgentSync. As Florida’s state-backed insurer of last resort takes on more than a million policies, Colorado considers devising its own insurance scheme to provide coverage...
South Florida Corals Already Bleaching as Water Temps Hit Record Highs
Jul 26 2023 // Some Florida Keys coral reefs are losing their color weeks earlier than normal this summer because of record-high water temperatures, meaning they are under stress and their health is potentially endangered, federal...
New Florida Workers’ Comp Rules in Effect for Employer Penalties, Exemptions
Jul 26 2023 // This month, a number of new workers’ compensation rules took effect in Florida, affecting penalties for employers who fail to obtain comp insurance and setting new requirements for exemptions for corporate...
Head Scratcher? Claims Litigation Not Named as Major Factor in Florida Insolvencies
Jul 26 2023 // Despite years of complaints from Florida property insurers and some lawmakers that out-of-control claims litigation was destroying the industry, recent regulators’ reports about the reasons for insolvencies make...
Farmers Forced to Rescind Thousands of Nonrenewal Notices in Georgia
Jul 24 2023 // About the same time that it announced a major pull-back from the Florida and California markets, Farmers Insurance also sent thousands of nonrenewal notices to Georgia homeowners. In Georgia, though, the carrier appears to...
Map Tool Gives Grim Look at Sea Level and Flood Impact on Coastal Areas
Jul 24 2023 // Many of the lowest-lying coastal areas of the Southeastern United States, including some heavily populated parts of Florida, will be subject to increased annual flooding in less than 30 years, according to scenarios mapped...
