Capital to Courthouse Florida Insurance Report, Tuesday, June 13, 2017

Jun 13, 2017


Flooding Prompts Miami to Consider Returning Some Homes to Nature

Miami’s Shorecrest Neighborhood, near Biscayne Bay, deals with frequent flooding because of storms and high tides. Local Officials are considering forgoing the Construction of Infrastructure such as Sea Walls in the Neighborhood and instead finding ways to Relocate some Homeowners and demolish their houses.  Insurance Journal’s Amy O’Connor reports.


Florida Counties, Still Vulnerable to Storms, Scramble to Match State Dollars

What’s happening along North Florida’s Atlantic Coast is part of a larger Statewide Issue:  Year after year, the Florida Legislature has allocated less funding than is requested by Coastal Areas, which struggle to come up with required matching dollars that still do not cover the high cost of beach erosion.  Bruce Ritchie reports for Politico Florida.


Ray Blacklidge Becomes First to File to Run in Battleground House District 69

In 2016, Blacklidge was one of Four Finalists for State Insurance Commissioner.’s Peter Schorsch reports.


Drugmaker Rejects “Fair Price” for U.S. Taxpayer-Funded Zika Vaccine

In South Florida, the Clinical Trial will take place at the University of Miami Miller School of Medicine, with Margaret Fischl, a UM Infectious Disease Physician and Scientist, as the Principal Investigator responsible for conducting Daily Reviews of Safety Data.  Dan Chang reports for the Miami Herald.


Judge Ends Legal Battle Over Florida’s Care of Disabled Children

With the State pointing to changes it has made, a Federal Judge Friday dismissed a Long-Running Legal Battle about whether Florida’s Medicaid Program provided Proper Services to Children with Severe Medical Conditions.  THE NEWS SERVICE OF FLORIDA’s Jim Saunders reports via the Miami Herald.


After Scott Vetoes Funding, Florida Health Choices Insurance Exchange May Close

The Florida Health Choices Insurance Exchange never quite lived up to Marco Rubio’s Vision as it competed with a Rival Marketplace created under the Affordable Care Act.  Now, the State-Based Exchange could fold after Governor Rick Scott Vetoed Funding intended to keep it afloat another year.  Tia Mitchell reports for the Florida Times-Union.


Trump Moves Threaten 20% Health Spike as Key Florida Insurer Returns

Marketplace Leader Florida Blue says it will be back in the State’s Affordable Care Act Marketplace in 2018, but Company Officials said Premiums could be 20 Higher than they otherwise would be if Federal “Cost-Sharing” help for Consumers to cover Co-Pays and Deductibles is Discontinued.  The Palm Beach Post’s Charles Elmore reports via the “Protecting Your Pocket” blog.


Florida’s Medicaid Fraud Unit Wins Award

Recovering  more than $165 Million from Medicaid Fraud last year helped a Florida Investigative Unit win National Honors.  The Palm Beach Post’s Charles Elmore reports via the “Protecting Your Pocket” blog.


Governor to Sign Contentious HB 7069 in Orlando on Thursday

Governor Rick Scott will Sign Into Law a sweeping Education Bill that would steer more money to Privately Run Charter Schools. Publisher Peter Schorsch reports.


Atwater’s Last Day as Florida CFO is June 30, Then Takes Job at FAU

Florida Chief Financial Officer Jeff Atwater formally delivered his Letter of Resignation on Monday, five months after announcing he was leaving for a job at Florida Atlantic University.  THE NEWS SERVICE OF FLORIDA’s Jim Turner reports via the Palm Beach Post.


Nan Brunson Appointed President & CEO of Gulfstream and Catawba

The Seibels Bruce Group, Inc. (Seibels) and Gulfstream Property & Casualty Insurance Company (Gulfstream) are pleased to announce Executive Leadership Changes with both Companies. Nan D. Brunson has been appointed Full-Time President & CEO of Gulfstream and its Affiliates, as well as President & CEO of Catawba Insurance Company.


PCI Among Industry Groups in Opposition to NFIP Overhaul Bill

Several parts of Legislation that would Revise and Renew the National Flood Insurance Program are drawing Opposition from PCI and other Property/Casualty Insurance Industry Groups.  Carrier Management reports via the PCI SmartBrief.

·         Lloyd’s:  Natural Habitats Could Help Reduce Flood Insurance Pricing

·         Marco Rubio and Elizabeth Warren Agree on One Issue—Federal Flood Insurance Must Change


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