Capitol to Courthouse Florida Insurance Report: Friday, April 18
Apr 18, 2014
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There are no events scheduled for today.
Lloyd’s, the venerable London-based institution, began offering flood insurance in Florida last summer, as the impact of the 2012 Biggert-Waters Flood Insurance Reform Act began to be felt. This week, Lloyd’s sweetened the deal, telling insurance agents that it is lowering its flood rates “significantly” because it had expanded into other states and lessened the risk from any single storm. Tampa Bay Times’ Jeff Harrington and Susan Taylor Martin report.
In the legal and political battle over trauma centers statewide, HCA Health Care suffered a serious setback when the Florida Supreme Court declined to hear an appeal filed by the health-care chain over continued operation of facilities at various HCA-run hospitals, SaintPetersBlog.com’s Peter Schorsch reports.
Senate Appropriations Committee chairman Joe Negron, R-Stuart, announced Thursday he won’t consider SB 1400, which would offer in-state tuition rates to qualified undocumented immigrants, during his committee’s meeting next week, The Florida Current reports.
SB 1648, which passed the Senate last month, would make a number of technical fixes to current law to generally improve the public’s access to records, Michael Van Sickler reports for the Tampa Bay Times.
Florida’s civil rights act forbids employment discrimination against pregnant women, the state Supreme Court ruled on Thursday. The Florida Current’s Bill Cotterell reports.
House Speaker Will Weatherford said Thursday he didn’t support a plan that could allow Orlando’s professional soccer backers secure state tax dollars for a future stadium as soon as this summer, Orlando Sentinel’s Aaron Deslatte reports.
State Senator Wilton Simpson’s re-election campaign announced on Thursday that the Trilby Republican will be qualifying by petition for Senate District 18 in November, SaintPetersBlog.com’s Phil Ammann reports.
Efforts to revitalize the Sorrento Police Department in Louisiana seem to be stagnating while the police chief’s position sits vacant and the days pass without anyone actively seeking liability insurance for the department, Associated Press reports via Insurance Journal.
A recent California lawsuit dealt with whether proceeds from 1031 transactions were held in bank accounts that were segregated from operating funds, Don Jergler explains for Insurance Journal.
An appellate court in Georgia, affirming a trial court’s decision, ruled an exclusion in a homeowners insurance policy for bodily injury arising out of the use of a motor vehicle barred coverage of a claim seeking damages for the death of a teenager killed in a car after allegedly drinking alcohol at the insured’s house, Steven Meyerowitz writes for National Underwriter’s PropertyCasualty360.com.
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