Capital to Courthouse Florida Insurance Report, Thursday, July 20, 2017

Jul 19, 2017

 

Miami Mayor Wants To Spend $192 Million On Sea Rise & Flood Prevention

The City of Miami is bracing for huge Costs related to Sea Level Rise. Some will come down the road, but the Mayor is ready to spend a lot of money now.  Vanessa Borge reports for CBS Miami.

 

Former Top Lawyer for Governor Scott Tapped to Lead Jobs Agency

Antonacci used to be Scott’s General Counsel but currently works as Executive Director of the South Florida Water Management District.  The Associated Press reports.

 

In Florida, Prisons Withhold More Than Freedom. Inmates Often Don’t Get Toilet Paper

In Prison after Prison over seven months, State Representative David Richardson, D-Miami Beach, Reported that Toilet Paper, Toothbrushes, Toothpaste, Pillows, Sheets, Shirts and Soap were often Withheld from Inmates, especially those in Confinement.  The Miami Herald’s Mary Ellen Klas reports via “The Buzz” blog.

 

Girl Scouts Report Ranks Florida 39th in Overall Well-Being for Girls

Florida has about 1.5 Million Girls Ages 5 to 17 and about 23 percent of them live in Poverty.  Beth Reese Cravey reports for the Florida Times-Union.

 

State Insurance Regulator Expresses Openness to Ideas Implemented in Other States

Collision Repair Shops and Associations often express frustration when trying to work with their State Insurance Regulators on issues related to Steering, Use of Non-OEM Parts or other Insurance Claims Practices they consider Unfair or Illegal.  John Yoswick reports for AutoBodyNews.com.

 

Ban on Consumer Mandatory Arbitration Clauses Faces Challenges

A U.S. Rule years in the making that was intended to Restore Consumers’ Ability to Band Together to Sue Financial Companies could unravel in just a few months as the Heads of two Federal Agencies Clash over it and Critics gear up for Battle.  Reuters’ Lisa Lambert and Pete Schroeder report via Insurance Journal.

 

AON:  Natural Disasters Caused First-Half Economic Losses of $53B

First-Half Economic Losses from Natural Disasters are an Estimated $53 Billion Worldwide, which is 56% Below the 10-year Average, while Insured Losses from such events are Estimated at $22 Billion, 35% Lower than the 10-year Average, according to a Report from Aon Benfield’s Impact Forecasting Unit.  Business Insurance reports via the PCI SmartBrief.

 

 

 

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