Florida Underwriter August 2007
Features
From the Editor
I only lost money betting against Sugar Ray Leonard one time, and that is when one of the greatest boxers of all time fought an equally heralded opponent in the form of "Marvelous" Marvin Hagler. At
Features
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Need for National CAT Fund Falls on Deaf Ears
While the State of Florida remains transfixed by the thought of another hurricane season and the possible economic impact it may spawn, one thing is clear: Don't expect the federal government to come
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FAIA's Horton Is Making a Difference
If Earl Horton were an entertainer, he would probably be known as the hardest working man in show business. Luckily his interest lies in Florida's insurance industry, where his reach and influence
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Lack of Medical Malpractice Data Draws Questions
The Florida Auditor General's Office recently released a critical report that found the state's Office of Insurance Regulation (OIR) is failing to adequately monitor the medical malpractice insurance
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Tricks of the Management Trade
When asked to discuss agency management issues, my first thought was, "What can I tell managers and principals that they don't already know?" Even if you have plenty of experience, there may be
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Sicko: The Call for a Health-Care Revolution
There's something wrong when the idea of health reform generates more attention from Hollywood than from our politicians in Tallahassee or Washington, D.C. But with this summer's release of Michael
People
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FAIA Names Award Members
The Florida Association of Insurance Agents concluded its 103rd Annual Convention and Educational Symposium by handing out a host of awards and naming new board members. The FAIA Conference is the
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McCarty Makes Staff Changes
Insurance Commissioner Kevin McCarty has announced a number of new staff changes. "The new additions to our management team give the Office of Insurance Regulation an exceptional combination of
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Agent Charged with Fraud
A former insurance agent, Courtney Pleasant, has been charged with organized fraud after allegedly selling payroll and workers' compensation products without the proper license. Pleasant, whose
Company Notes
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Sink Touts Success of "My Safe Florida Home"
Chief Financial Officer Alex Sink has announced that the My Safe Florida Home Program has "blown" through a waiting list of 50,000 homeowners who had signed up for a free home inspection under the
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United Property to Refund Millions
Insurance Commissioner Kevin McCarty has ordered United Property and Casualty Insurance Company to refund policyholders an estimated $43 million in homeowners' premiums that were collected without
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State Auto Withdraws from Market
The Columbus, Ohio-based State Auto Insurance Co., has announced that it will stop providing coverage in the state as of Jan. 1, 2008. The companies will stop renewing auto, non-standard auto,
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Sink Orders Cut in Workers' Comp Assessment
State employers will enjoy another source of savings in their workers' compensation premiums after CFO Alex Sink ordered a 50 percent reduction in the 2008 workers' compensation administration
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SIU Compliance Aligns with North American Training
SIU Compliance Solutions, a Florida company, has entered into a strategic alliance with North American Training Group to provide training services aimed at helping carriers keep on top of the latest
Business Trends
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Government Regulations - What Helps, What Hurts?
Some business people argue that they are being asked to adhere to too many regulations, that the line between the breathing room businesses need to prosper and the welfare of workers is often buried