Category: Florida News

State-backed insurer backs off plan for new office

Oct 2, 2008

Gainesville Sun–October 1, 2008 The Associated Press In the wake of criticism by key lawmakers, the state-backed property and casualty insurer, Citizens, is backing off plans to seek a new, larger office complex that once included a gymnasium, cafeteria and …

Florida-based Main Street America Acquires Great Lakes Casualty

Oct 2, 2008

Insurance Journal–October 2, 2008 The Main Street America Group, based in Jacksonville, Fla., completed its acquisition of Great Lakes Casualty Insurance Co., a Michigan-domiciled private passenger auto insurance carrier, from Newco Financial Holdings Inc. All Great Lakes personnel have become …

Under state scrutiny, Citrus Health Care stops marketing

Oct 2, 2008

Florida Health News–October 1, 2008  By Christine Giordano Even as MD Medicare Choice was collapsing this week, another Tampa-based Medicare plan that has been under state scrutiny over its finances stopped writing new business.  Citrus Health Care, which has 41,000 …

Capitol to Courthouse Headliners: Thursday, October 2

Oct 2, 2008

To view a complete story, click on a headline below: Insurers may face class-action lawsuit Gov. Crist is pushing for a class-action lawsuit against the property-insurance industry, saying it is cheating Florida homeowners. Railing against the failure of the insurance …

Florida Cabinet Meeting Report: September 30

Oct 2, 2008

On Tuesday, September 30, 2008, a Colodny Fass representative attended the Florida Cabinet Meeting held in Tallahassee, Florida. Below is a brief overview of pertinent discussions that occurred at the meeting. The Florida Department of Revenue received approval of its …

FWCJUA Investment Committee September Meeting Report

Oct 2, 2008

The Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Investment Committee (“Committee”) recently held a meeting,the purpose of which was to discuss authorization of an investment policy exception to continue to hold further downgraded bonds within the FWCJUA’s investment portfolio. The …

Insurers may face class-action lawsuit

Oct 2, 2008

Bradenton Herald–October 2, 2008 Gov. Crist is pushing for a class-action lawsuit against the property-insurance industry, saying it is cheating Florida homeowners. Railing against the failure of the insurance industry to pass on savings to Floridians after the state took …