Capital to Courthouse Florida Insurance Report, Monday, June 26, 2017
Jun 26, 2017
Governor to Name Jimmy Patronis as New Florida CFO
Patronis, who helped his family run a well-known Restaurant in Panama City, currently sits on the State Panel that Regulates Utilities. He was a Member of the Florida Legislature for eight years before Scott appointed him to the Public Service Commission. The Associated Press reports via the Daytona Beach News Journal.
· Read the Governor’s Press Release Here
· Governor Scott will Travel State to Tout Jimmy Patronis/CFO Appointment
Rick Scott Signs Bill Updating State Building Code
Change is coming to the way the Florida Building Code is Updated. Jenna Buzzacco-Foerster reports for FloridaPolitcs.com.
Florida’s Citizens Seeks More Post-Storm Adjusters
Citing an inadequate response to its last solicitation, Citizens is trying again to secure Commitments for Additional Insurance Adjusters. The Sun-Sentinel’s Ron Hurtibise reports.
A.M. Best Revises Outlooks To Positive For Capacity Insurance Company
Capacity Insurance Company has had its A.M. Best Financial Strength Rating of B+ (Very Good) reaffirmed by A.M. Best Company.
Powered by Homegrown Insurtech, HCI to Expand Flood Insurance Sales to 9 States
As Congress tries to figure out how to change the Federal Flood Insurance Program to encourage more Private Insurer Involvement, one Insurer isn’t waiting to wade deeper into the Private Flood Insurance Business. Insurance Journal’s Andrew G. Simpson reports.
Explaining the Fight Between Airbnb and Miami-Dade Municipalities
The awkward pairing of Airbnb sponsoring a Conference hosted by its fiercest Florida Critic comes largely thanks to the Economics of the Convention itself. The Miami Herald’s Doug Hanks reports.
Rick Scott Signs Drone Regulation Bill
Governor Rick Scott on Friday approved the Legislature’s “Unmanned Aircraft Systems Act,” which gives the State Authority to Regulate “Personal Delivery Devices and Unmanned Aircraft Systems.” FloridaPolitics.com reports.
The Race to Save Florida’s Devastated Coral Reefs from Global Warming
Diving, Snorkeling, Fishing, and eating seafood are among the Key Tourist Activities that could be harmed if the Reef continues to suffer damage. The Washington Post reports.
Lightning Killed 52 in Florida, Injured Hundreds More Over Last Decade
As Florida enters a regular pattern of afternoon thunderstorms, Emergency Responders and Meteorologists urge people to be aware of Lightning Danger and to take cover when storms approach. Ryan Mills reports for the Naples Daily News.
Fraud in Florida’s Drug Treatment Industry
Some Victims of the U.S.’s Opioid Epidemic are being taken advantage of by Corrupt Treatment Centers in Florida. According to a Report from NBC News’ ‘Sunday Night with Megyn Kelly.
Legislative Leaders Announce Committee Week Schedule
Florida Lawmakers will head back to Tallahassee in mid-September to Kick-Off the 2018 Legislative Session. FloridaPolitics.com reports.
Decision Time for Florida Governor Scott on Remaining Bills
Scott has until this Thursday to decide whether to Sign or Veto 32 Bills that are on his desk. This is the final batch remaining from the Annual Session of the Florida Legislature that ended in early May. The Associated Press reports via the Tampa Tribune.
St. Pete Retirement Communities Decry Property Appraisal, Seek Tax Refunds
Three St. Petersburg Retirement Communities are accusing the Pinellas County Property Appraiser’s Office of “Unlawfully” Calculating of Property Values, leading to overpayment of thousands of dollars on its 2016 Tax Bill. Phil Ammann reports for SaintPetersBlog.com.
Lopsided Political Numbers in Florida Don’t Mirror the Electorate
Florida has more Registered Democrats than Republicans, but the Balance of Power in Government doesn’t even come close to reflecting that. The Associated Press reports via the Tampa Bay Times.
Florida Homestead Law a Debtor’s Haven? Not for Beverly Hills Dentist
It’s not unusual for people, particularly the rich, to buy Property in Florida and declare it as their Primary Residence as a ruse to keep Creditors at bay. The Palm Beach Post’s Jane Musgrave reports.
As Agents’ Needs Change and Startups Emerge, Big “I” Looks to Remain Relevant
There are Agencies now that are owned by Carriers and by Banks. They’re owned by Private Equity Investors. What does being Independent mean to the New President of the “Big I?” Insurance Journal’s Andrew Wells interviews.
Bernie Madoff Clients Fighting for Fortunes Get Help – From The Con Man Himself
Dozens of Bernard Madoff’s early Investors are getting help from an unlikely source in a fight to keep their Profits: the Con Man Himself. Advisen.com notes the Hamilton Spectator story.
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