Florida

‘Dream is in Sight:’ Chamber, Reinsurers, Insurers Urge Florida to Stay the Course

Auto Insurance /
‘Dream is in Sight:’ Chamber, Reinsurers, Insurers Urge Florida to Stay the Course

The message from the Florida Chamber of Commerce Insurance Summit was loud and clear: Don’t mess with legislative changes that have all but restored the state’s property insurance market. And while you’re at it, don’t repeal Florida’s personal injury protection (no-fault) auto insurance law, either. “Thanks to the reforms, PIP is finally working pretty well. […]

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Florida, East Coast to See Big Insured Losses From More Cat 5 Storms, Researchers Say

Life Insurance /
Here’s How Much Hurricane Melissa Was Worsened by Climate Change

The just-ended 2025 Atlantic hurricane season surprised some forecasters after it produced no major storms that hit the United States. But the hurricanes that did arise, with most remaining offshore and one slamming Jamaica, were mostly Category 5 beasts – signaling that new extremes are on the way in coming years, according to published research.

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Old Republic Upheld in Asset Transfer of Bankrupt Florida Title Insurer Subsidiary

Auto Insurance /
Old Republic Upheld in Asset Transfer of Bankrupt Florida Title Insurer Subsidiary

Old Republic National Title Insurance Co., one of the largest title insurers in Florida, did not fraudulently transfer assets from a bankrupt subsidiary, and the bankruptcy court did not err in excluding an expert’s valuation testimony, a federal appeals court decided this week. “Although the (bankruptcy) court recognized that some of the facts in the

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Businessman, Former Federal Insurance Co. Attorney Hit With $50M Florida Verdict

Health Insurance /
Businessman, Former Federal Insurance Co. Attorney Hit With $50M Florida Verdict

In a lawsuit begun more than a decade ago and which led to counter-suits, appeals to the Florida Supreme Court and attention from national tort-reform groups, a Palm Beach County jury has awarded more than $50 million to the former head of Marvel Entertainment and his wife, who said a neighbor and an attorney for

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Florida Republicans Oppose Trump Offshore Oil Leasing Plan

Life Insurance /
Kazakhstan Presses on With $4 Billion Sulfur Fine on Oil Majors

Florida Republicans, including Governor Ron DeSantis, said they oppose a Trump administration plan that could allow new oil and gas drilling in waters off the state’s Gulf Coast. The reactions came in response to an Interior Department proposal published on Thursday that contemplates future oil leasing in the eastern portion of the Gulf of Mexico,

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Florida Reforms Are Paying Off for Drivers. Don’t Mess it up With Repeal of PIP

Auto Insurance /
Florida Reforms Are Paying Off for Drivers. Don’t Mess it up With Repeal of PIP

For years, I’ve warned that Florida’s legal climate was out of control — driven not by consumers or local businesses, but by a handful of billboard trial lawyers who made fortunes exploiting loopholes in our laws. Their tactics fueled one of America’s most expensive auto insurance markets (just as they’ve created America’s most expensive market

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White House Plan Targets Florida, West for Coastal Oil Drilling

Auto Insurance /
White House Plan Targets Florida, West for Coastal Oil Drilling

The Trump administration is proposing to open new areas off of California, Florida and Alaska to crude drilling as part of a draft blueprint released Thursday that would dramatically expand the sale of oil and natural gas rights. In all, the Interior Department is proposing as many as 34 offshore lease sales including 21 off

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Alliant Adds Simokonis to Florida Team, Sunstar Names Romero CAO

Life Insurance /
Alliant Adds Simokonis to Florida Team, Sunstar Names Romero CAO

Simokonis Alliant Insurance Services, headquartered in Irvine, California, hired Tim Simokonis as senior vice president within its Employee Benefits Group in the Southeast. The Florida-based consultant will serve a national client base, focusing on self-funded health plans, data transparency, and fiduciary optimization strategies. Simokonis has more than 18 years of experience focused on self-funded health

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Florida Takes Steps to Put Recreational Marijuana on the Ballot Next Year

Life Insurance /
Florida Takes Steps to Put Recreational Marijuana on the Ballot Next Year

Florida elections officials have taken early steps under pressure from activists to advance a proposed initiative to legalize recreational marijuana to next year’s ballot, legal filings show. The procedural move comes after the campaign behind the issue, Smart & Safe Florida, filed a complaint with the Florida Supreme Court, alleging that officials in Republican Gov.

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