Capitol to Courthouse Florida Insurance Report – Friday, December 15, 2017
Dec 15, 2017
Florida’s Citizens Property Insurance Plans For (Slightly) Harder Reinsurance Market in 2018
Florida Citizens aims to buy $1.45 Billion of Risk Transfer and Reinsurance for 2018, up from the $1.33 Billion purchased in 2017, likely from a mix of Traditional and Collateralized or Capital Markets Providers. Artemis.bm reports.
Defect Notice May Trigger Defense Coverage, Florida Supreme Court Rules
The Florida Supreme Court Ruled Thursday that a proceeding for resolving construction defect disputes prior to litigation constitutes a “suit” that may trigger a general liability insurer’s duty to defend a policyholder, provided that the insurance company consents to the insured’s participating in the process.
Craig Fugate Says Floridians Should Brace For Stronger Hurricanes
The Former Director of the Federal Emergency Management Agency and the Florida Division of Emergency Management said changes in the earth’s climate may not be increasing the number of storms, but their features are getting more intense. THE NEWS SERVICE OF FLORIDA reports via the Tampa Bay Times.
Will Post-Irma Regulation Increase Homeowners Insurance Costs in Florida?
State Regulators are proposing changes to the roofing materials allowed in part of the State which could further affect Homeowners’ Costs to rebuild, as well as increase insurance costs. Maxine Rieman reports for Newsmax.com.
Hurricane Irma Debris Cleanup Close to Finished in South Florida
Cities are making the final passes through Neighborhoods, picking up the last piles of debris Hurricane Irma. The Sun-Sentinel’s Skyler Swisher reports.
Florida Universities to Partner on Hurricane Research Institute in Texas
The University of Houston is working with three other Texas Universities plus one in Louisiana and two in Florida to establish a Hurricane Research Institute. The Houston Chronicle reports via the PCI SmartBrief.
Brandes Files Bill To Keep Amazon Echo, Google Home Information Private
The Legislation, SB 1256, would require Law Enforcement Agencies to obtain Warrants in order to search Communications and Location Data in devices like Alexa and Google Home, whose popularity has skyrocketed in recent years as technology integrates itself into the everyday lives of average Americans. Allison Nielsen reports for SunshineStateNews.com.
Negligent Florida Gun Owners Provide Criminals With A Massive Arsenal
At least 82,000 Guns had been reported stolen in Florida since 2007 and never recovered. Sun-Sentinel columnist Fred Grimm writes.
The National Cancer Care Provider headquartered in Fort Myers, Florida, has also agreed to Class Action Lawsuits Filed in 2016, according to Court Documents. Evan Sweeney reports for FierceHealthcare.com.
Oregon Fines Florida Resident For Million-Dollar Investment Scheme
The Oregon Department of Consumer and Business Services, Division of Financial Regulation issued a Cease-and-Desist Order against a Florida Woman and her Company for violating Oregon Securities Law as part of a Nationwide Investment Fraud Scam.
Evergreen Insurance To Acquire Florida-Based Insurance Broker
Evergreen Insurance & Risk Management is set to acquire Florida-Based MSN Insurance Brokers. Insurance Business reports.
Pedestrian Tickets Lead to Hundreds of Suspended Florida Driver’s Licenses
More than half the 2,000 people who received Pedestrian Tickets in Duval County, Florida, from 2012 to 2016 saw their Driver’s Licenses suspended or their ability to obtain one limited, according to an analysis by the Florida Times-Union and ProPublica. The American Bar Association notes the story.
Florida Supreme Court Dismisses Judicial Appointments Case
The Florida Supreme Court Ruled Thursday it is too soon to determine whether Gov. Rick Scott will be able to reshape the State’s Highest Court on his last day in Office. The Orlando Sentinel reports.
What To Do About Polluted Water? Florida Senate President Concerned About Reservoir Plans
Senate President Joe Negron wants Water Managers to expand their search for Land to house a Reservoir he has backed to help shift water South from Lake Okeechobee. THE NEWS SERVICE OF FLORIDA’s Jim Turner reports via WLRN.
NLRB Reverses Course On Joint-Employer Issue
The National Labor Relations Board on Thursday reversed a Joint-Employer Standard that had made it easier for Employees to hold Companies Accountable for the behavior of Contractors and Franchisees. The Decision could derail a long-running Case against McDonald’s involving the question of whether Corporations can be considered Joint Employers of Franchise Workers. Reuters reports via the Workforce SmartBrief.
Oregon Governor Brown Announces Leadership Change at Department of Consumer and Business Services
Oregon Governor Kate Brown appointed Cameron Smith as the Director of the Department of Consumer and Business Services, Oregon’s largest Business Regulatory and Consumer Protection Agency.
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