Florida Municipal adds 20 cities

Dec 3, 2008

Orlando Business Journal–December 2, 2008 Florida Municipal Insurance Trust, a nonprofit organization that provides workers compensation, liability, auto, property and health insurance to governmental entities within Florida, added 20 cities to its roster of clients this year. The trust also …

Nationwide wants 10% hike in Florida insurance rates

Dec 3, 2008

South Florida Sun-Sentinel–December 2, 2008 By Julie Patel Nationwide Insurance Co. of Florida wants to raise residential property insurance prices by a statewide average of 10 percent. The increase is needed primarily to beef up reserves to pay for non-hurricane …

Cameras take aim at red-light runners

Dec 3, 2008

South Florida Sun-Sentinel–December 2, 2008 By Ihosvani Rodriguez Cities throughout South Florida are giving the green light to red-light cameras. Advocates hail them as a safety measure — a way to get folks to slow down and avoid crashes. “The …

Never a Dull Moment for Florida Commissioner

Dec 3, 2008

Insurance Journal–December 2, 2008 Florida Insurance Commissioner Kevin McCarty stays busy with a list of insurance related measures enacted during a special session of the Florida Legislature in January 2007. Keeping property insurers in the market and diffusing the large …

Hurricane gamble Taxpayers exposed to too much risk

Dec 3, 2008

Bradenton Herald–December 1, 2008 With Sunday’s official end to the Atlantic hurricane season, Florida’s run of good fortune now stands at three seasons and counting. The state only suffered heavy rains and flooding from Tropical Storm Fay, which threatened Manatee …

Martin County to remove 14 abandoned vessels

Dec 3, 2008

Treasure Coast Palm–December 2, 2008 By Ed Killer STUART – The night of Oct. 27, Stuart boaters Bill and Jane Sprague’s lives flashed before their very eyes. It was a little after dark near Hell’s Gate in the St. Lucie …

FWCJUA Reinsurance Committee Meeting Report: December 1

Dec 3, 2008

On Monday, December 1, 2008, the Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) held a Reinsurance Committee (“Committee”) meeting to review the 2009 Reinsurance Program options.  To view the complete meeting agenda, click here.     Bill Fleischhacker from the FWCJUA’s reinsurance …