Capitol to Courthouse Florida Insurance Report–Friday, August 8, 2014
Aug 8, 2014
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There are no Florida insurance-related events today.
Although Florida’s insurance industry has built up reserves since the last major hurricanes struck the state in 2004 and 2005, there could still be a shortfall that impacts companies and their policyholders if a major storm hits, the Florida Chamber of Commerce warned. The Pensacola News Journal’s Rob Johnson reports.
A decade has nearly passed since Hurricane Charley slammed into Southwest Florida as a Category 4 storm, upheaving lives and destroying property from coast to coast within a single day. The Leheigh Acres Citizen retrospects.
Republicans who control the Florida Legislature kicked off a special session Thursday by proposing to tweak seven of the state’s 27 congressional districts in order to comply with a judge’s ruling, Peter Schorsch reports for SaintPetersBlog.com.
- Sorry, Legislature! Congressional Redistricting Might Not Be an Easy Fix
- House and Senate Dems are divided over how many redistricting fights to pick
A former top aide to the late Governor Reubin Askew will continue his legal battle to strike down a state law that allows Governor Rick Scott to place his personal financial assets in a blind trust, Steve Bousquet reports via the Miami Herald’s “Naked Politics” blog.
Florida economists slightly lowered their forecast of tax dollars flowing into the state but still project lawmakers to be on track to have at least a $1 billion surplus for the next budget, THE NEWS SERVICE OF FLORIDA’s Jim Turner reports via the Miami Herald.
The Miami-Dade Democratic Party elected State Senator Dwight Bullard by acclimation to succeed Annette Taddeo-Goldstein, who resigned from the post to become Governor Charlie Crist’s running mate, the Miami Herald’s Patricia Mazzei reports via the “Naked Politics” blog.
Weeks after former Sarasota Republican Party chairman Bob Waechter was sentenced for an illegal campaign donation scheme on state charges, the FBI started doing its own digging into his personal computers, newly obtained documents show. Lee Williams and Jeremy Wallace report for the Sarasota Herald-Tribune.
Pending insurance proposals on Capitol Hill will remain bottled up in the pressure cooker of partisanship that prevents consensus on most legislation, the Professional Insurance Agents explain in National Underwriter’s PropertyCasualty360.com.
Mississippi’s Adams County won’t have building codes. Insurance Journal notes The Natchez Democrat report that the County’s Board of Supervisors voted to opt out of a zoning ordinance the state legislature had instructed counties to adopt.
There is little doubt that the insurance and reinsurance sector has been a savior of the Bermuda economy, a major contributor to international insurance markets, and that its prospects are bright, Robert Stewart writes for the Cayman Financial Review.
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