Capitol to Courthouse Florida Insurance Report – Friday, November 17, 2017
Nov 16, 2017
People’s Trust Insurance Sues Dozens Of Its Own Policyholders In Claims Disputes
The Deerfield Beach-Based Insurer, opening a new front in the long-running war over Third-Party Claims Assignments, has filed more than 80 Lawsuits against Customers it accuses of failing to comply with the requirements of their Policies. The Sun-Sentinel’s Ron Hurtibise reports.
Florida Experts Say Reinsurance Pricing Could Rise By 10%
Citizens does not expect to meaningfully alter its Reinsurance appetite with $500 million of multi-year coverage that hasn’t yet been tapped into. Marianne Lehnis reports for Reinsurance News.
Odds Low On Florida AOB Reform
Whether Reformers have a chance of succeeding remains an open bet, but the odds don’t look good. Insurance Insider says.
Hurricane Committee To Start Policy Phase
It’s turkey time for some Lawmakers, but crunch time for those charged with addressing Florida hurricanes. Danny McAuliffe reports for FloridaPolitics.com.
Florida Medical Payments Per Comp Claim Stabilize
Medical Payments per Workers Compensation Claim in Florida remained stable in 2015 following moderate growth from 2010 through 2014, according to a study released Tuesday by the Cambridge, Massachusetts-Based Workers Compensation Research Institute. Joyce Famakinwa reports for Business Insurance.
Steve Mostyn, Charlie Crist’s Mysterious Mega-Donor, Dies In Texas
Mostyn, 46, made his fortune largely from representing Homeowners who sued Insurance Companies, especially after major hurricanes. SunshineStateNews.com Publisher Nancy Smith reports.
Agricultural Losses From Irma Continue To Mount
Members of the House Select Committee on Hurricane Response and Preparedness said Thursday month-old damage estimates made by the Florida Department of Agriculture and Consumer Service are too low. THE NEWS SERVICE OF FLORIDA’s Jim Turner reports for the Lakeland Ledger.
How Archaeologists Are Rescuing Miami’s History From The Rising Sea
A few more feet of water would flood 16,000 Archaeological Sites across Florida. Jessica Leigh Hester reports for The Atlantic.
Who Owns Florida’s Beaches? Landowner Rights Clash With Public Access
There is no landmark Court Ruling, no overarching State Law outlining who ultimately controls access to Florida’s Beaches. Only a few narrow rulings challenging moves by Counties over beach access are on the books. Thaddeus Mast, Melissa Nelson-Gabriel and Eric Staats report for USA Today via the Naples Daily News.
Jennifer Sullivan To Take Over Neil Combee’s Chairmanship
Sullivan, a Republican from Mount Dora, became the youngest Female Legislator in Florida History when Elected in 2014. This is the first Committee she will Chair. FloridaPolitics.com’s Ana Ceballos reports.
Alabama Now Enforcing Mandatory Auto Insurance Law
The State of Alabama is now enforcing a Mandatory Auto Insurance Law, which now fines anyone caught driving without any Insurance. Violators could be fined $200 for the first offense and more for repeat offenders. Ben Myers reports for LegalScoops.com.
Sprowls Elected President Of Texas Surplus Lines Association
Garrett Sprowls, General Counsel and Managing Broker of Austin-Based Professional Lines Underwriting Specialists Inc. (PLUS Inc.), has been elected President of the Texas Surplus Lines Association Inc. Insurance Journal reports.
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