Capitol to Courthouse Florida Insurance Report – Friday, February 03, 2017
Feb 3, 2017
Top Officers at State-Run Citizens Property Insurance advocated for Laws to fix what they call abuses in South Florida Claims Wednesday as offers from Private Insurers to take its Customers dwindled to 15,000 from a single Company in April. The Palm Beach Post’s Charles Elmore reports for the “Protecting Your Pocket” blog.
Seminole Republican Larry Ahern is looking to help Florida Flood Insurance Policyholders with a plan to Reduce Insurance Premiums, SaintPetersBlog.com reports.
Florida’s Homeowners’ Insurance Landscape has been treated gently by Mother Nature in the last Decade, but the Industry sees demons approaching that are increasing the cost and reducing access to affordable property insurance, especially in South Florida. The Miami Herald’s Mary Ellen Klas reports via “The Buzz” blog.
Collision Repairers recently met with Commissioner Adam Putnam of the Florida Department of Agriculture and Consumer Services to share their concerns about issues in the Collision Industry. BodyShopeBusiness.com reports.
Florida Supreme Court Rulings in Workers’ Compensation Cases will boost Employers’ Costs by 35.4 percent, Michael Moline reports for FloridaPolitics.com.
The Associated Press, Florida Press Association, and Florida First Amendment Foundation have entered the legal battle over whether the State’s Sunshine Law covered the Organization behind the State’s Workers’ Compensation Premium Increase. Michael Moline reports via FloridaPolitics.com.
Federal Authorities have charged 104 people with numerous Identity Theft and Fraud Offenses in the latest South Florida crackdown on a rampant problem involving tens of thousands of Stolen Personal Identities. Curt Anderson reports for Insurance Journal.
A Lawsuit Filed in Leon County Circuit Court is among at least a dozen Filed by Local Residents, and one of thousands Statewide that have resulted in Judgments totaling hundreds of millions of dollars. These Plaintiffs are all remnants of a Class Action Suit collectively known as “Engle Progeny.” Jeffrey Schweers reports for the Tallahassee Democrat.
As Miami Beach defends a Mandatory Citywide Minimum Wage Ordinance from a Legal Challenge by Business Groups, Attorney General Pam Bondi has joined the Opposing Side to uphold a State Law that preempts Cities from setting their own minimum wages. The Miami Herald’s Joey Flechas reports via “The Buzz” blog.
It has been clear for months that the fight over the State’s role in Economic Development will play a prominent role in the 2017 Legislative Session, but the contours of that battle are now starting to solidify. Matt Dixon reports for Politico Florida.
While much of the day focused on Tax Cuts, Economic Incentives and the need for Tourism Marketing Dollars, Putnam’s remarks at this week’s Jobs Summit focused largely on the importance of keeping talent in Florida. Jenna Buzzacco-Foerster reports via FloridaPolitics.com.
Governor Scott is scheduled to take a five-day trip in late April to Buenos Aires. The Associated Press reports via the Tampa Tribune.
The Regulation, proposed by the Federal Emergency Management Agency a week before Trump took Office, would impose on States a “Disaster Deductible” — a requirement that they shoulder some of the recovery costs up front, before receiving Federal Dollars. Bloomberg’s Christopher Flavelle reports via Insurance Journal.
In his State of the State Address, Texas Governor Greg Abbott gave a boost to the Insurance Industry’s Effort to get Legislation Passed that would place Limits on Post-Hailstorm Litigation. Insurance Journal’s Stephanie K. Jones reports.
CoreLogic Data shows relatively average or below-average activity for most U.S. Natural Hazards in 2016 with the exception of Flood and Wind, both of which saw above-average activity, due in large part to Hurricane Matthew, Insurance Journal says.
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