Category: Florida News

Suit alleges huge fraud in Poe Financial case

Apr 2, 2008

Miami Herald–Apr. 02, 2008BY BEATRICE E. GARCIA State officials outlined an elaborate scheme of potential mismanagement and fraud among the officers and directors of the Poe Financial Group insurance companies that drained millions of dollars that could have been used …

Capitol to Courthouse Headliners: Wednesday, April 2

Apr 2, 2008

  To view a complete story, click on a headline below:   Suit alleges huge fraud in Poe case State officials outlined an elaborate scheme of potential mismanagement and fraud among the officers and directors of the Poe Financial Group …

Hurricane experts fear intense season

Apr 1, 2008

South-Florida Sun-Sentinel–Apr. 1, 2008 By Ken KayeSouth Florida Sun-Sentinel ORLANDO More than 1,400 emergency managers, government officials and others involved in tropical disasters have converged on Orlando this week for the National Hurricane Conference to prepare for what may be …

Fla.’s McCarty Retains Focus on Cat Issues

Apr 1, 2008

Insurance News Net Copyright:    A.M. Best Company, Inc. Source:    BestWire Services Wordcount:    323 Representing a state known for both its number of hurricanes and a booming population, Florida Insurance Commissioner Kevin McCarty has kept a spotlight on natural catastrophe issues …

Bill would let Citizens’ cash be loaned to insurers

Apr 1, 2008

St. Petersburg Times–Mar. 31, 2008 By Tom Zucco, Times Staff Writer, and Jennifer Liberto, Times Staff Writer TALLAHASSEE — A quarter of a billion dollars that state-backed Citizens Property Insurance has set aside to pay claims could be moved to …

Credit crunch hitting state storm insurance fund

Apr 1, 2008

Miami Herald–Apr. 01, 2008 BY BEATRICE E. GARCIA Because of the near-shutdown of the credit markets and rising interest rates, insurers in Florida fear the state’s hurricane catastrophe fund may not live up to its promise if a massive storm …

Capitol to Courthouse Headliners: Tuesday, April 1

Apr 1, 2008

  To view a complete story, click on a headline below:   DFS/Poe Lawsuit Atttached: CFO Sink Announces Lawsuit to Recover Additional Money for Poe Companies’ Claims Florida Chief Financial Officer (“CFO”) Alex Sink announced today that the Florida Department …