Southeast News

‘My Safe Florida Condo,’ Pet Insurance Bills Passed by Senate Committee

First came the My Safe Florida Home program, providing matching grants to homeowners who fortify their homes against wind damage in exchange for premium discounts. Seeing the popularity and effectiveness of that program, Florida lawmakers last month introduced bills to …

Safepoint’s Florida Startup, Manatee Insurance Exchange, Gets COA, Financial Ratings

Florida regulators have approved another reciprocal property insurance company and it has received ratings from two financial rating firms. Manatee Insurance Exchange, a spinoff from Tampa-based Safepoint Insurance Co., was granted a certificate of authority Feb. 2 by the Florida …

Jacksonville Jaguars Want FanDuel to Refund $20M Stolen by a Team Finance Manager

An NFL team wants millions back from a sports betting service. The Jacksonville Jaguars, a team that recently found out that a finance manager stole some $22 million and lost most of it on sports bets with FanDuel, an online …

Newer, Elevated Structures Had Much Smaller Flood Claims in Ian, FEMA Says

Hurricane Ian caused extensive damage in southwest Florida, with more than 37,000 National Flood Insurance Program claims, making it the fourth-most expensive flood disaster in U.S. history, says a new report from the Federal Emergency Management Agency. As other studies …

Gallagher Targets Florida Condo Market with Acquisition of John Galt Agency

Arthur J. Gallagher & Co. has acquired Fort Lauderdale-based John Galt Insurance Agency, expanding Gallagher’s presence in the beleaguered condominium and association market in Florida, the global insurance broker said in a news release. John Galt includes a commercial insurance …

Miami Man Charged with Selling Fake Policies to South Florida Car Buyers, Drivers

A Miami man posing as an insurance agent reportedly swindled at least eight people out of $29,000 by selling them fake auto insurance policies. That man, William Diehl, was arrested recently and charged with fraud and theft, Florida’s chief financial …

Cone of Uncertainty to Include Inland Areas, Where Storm Damage can Be Heavy

ST. PETERSBURG, Fla. (AP) — The “cone of uncertainty” produced by the National Hurricane Center to forecast the location and ferocity of a tropical storm is getting an update this year to include predictions for inland areas, where wind and …

Authorities: Man Fleeing Police in Alabama Caused Crash That Injured Gayle Manchin

HOMEWOOD, Ala. (AP) — A man fleeing police caused the Alabama car crash that injured Gayle Manchin, head of an economic development partnership of the federal government and 13 state governments and the wife of U.S. Sen. Joe Manchin, along …

Florida House Votes to Loosen Child Labor Laws a Year After Tougher Immigrant Statute

TALLAHASSEE, Fla. (AP) — A year after Florida enacted a law making it more difficult for employers to hire immigrants illegally, a move that has reportedly exacerbated a labor shortage and has added to property insurance repair costs, the state …

North Carolina Lawmakers Say Changes Could Come for State’s High-Risk Driver Pool

North Carolina has a rather unique setup for auto insurance, allowing insurers to place high-risk drivers into the state Reinsurance Facility, a non-profit, state-created pool. That system came under new scrutiny last week, with some state lawmakers questioning if it …

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