Capitol to Courthouse Florida Insurance Report–Friday, October 31, 2014
Oct 31, 2014
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There are no events scheduled for today.
Anchor Property and Casualty Insurance Co. became licensed by the Florida Office of Insurance Regulation on October 28 to write homeowners insurance business in the state, Insurance Journal reports.
In what could amount to hundreds of thousands of dollars of fraud, authorities say a group of South Florida attorneys and chiropractors worked hand-in-hand to exploit the state’s No-Fault insurance system, Brittany Shammas and Adam Sacasa report for the Sun-Sentinel.
Donegal Mutual Insurance on Thursday replied to a Florida investor’s latest acquisition proposal with the same two words it’s been using for nearly two years: No thanks. Tim McKeel reports for LancasterOnline.com.
Gainesville city commissioners Wednesday night took a first step toward trying to protect both customers of Uber, an app-based ride service, and traditional cab companies by starting to craft a new ordinance regulating vehicles for hire, Cindy Swirko reports for the Gainesville Sun.
Some Jacksonville property owners had to give up their buildings because they couldn’t afford the insurance and the cost of repairs due to trespassing ghost hunters, Peter Haden reports for WJTC-TV.
The Florida Supreme Court is removing a Leon County judge who sold religious books from her office as part of her for-profit ministry, Associated Press reports via Scripps’ “Political Fix Florida” blog.
Florida GOP leaders really don’t like Republican-turned-independent-turned-Democrat Charlie Crist. Despise is probably the better word, Associated Press’ Brendan Farrington writes via SaintPetersBlog.com.
H. Gary Morse, the billionaire developer of The Villages megaretirement community and a powerful force in national Republican Party politics, died Wednesday night, Orlando Sentinel’s Jayna Omaye and Jerry Fallstrom report.
Florida TaxWatch released a report on Thursday showing how out-of-state patients seeking medical treatment in the Sunshine State helps the economy, SunshineStateNews.com reports.
A growing coalition of Coast property owners is pressing for state legislation that would require insurance companies to report what they pay in claims by ZIP code. But Insurance Commissioner Mike Chaney told the Sun Herald on Wednesday he will order up the numbers without a legislative mandate. Advisen.com carries the story.
The South Carolina Department of Insurance last week declared an insurer that specialized in providing commercial auto insurance to be insolvent and the insurer is now being liquidated, Insurance Journal’s Michael Adams reports.
A federal judge has ordered mediation between a Texas company and a whistleblower who won a $175 million verdict over a design change in the company’s highway guardrails, Associated Press reports via Insurance Journal.
Washington Insurance Commissioner Mike Kreidler was part of a report issued by Ceres on Oct. 22 that slammed the industry for “a profound lack of preparedness in addressing climate-related risks and opportunities.” Don Jergler updates his bi-monthly “Climate Control” column for Insurance Journal.
Boston has made significant strides in preparing for major natural disasters, rising sea levels and other impacts to the ever-changing climate, Mayor Martin Walsh said on the two-year anniversary of Superstorm Sandy, Associated Press’ Phil Marcelo reports via Insurance Journal.
WCI360.com’s Joan Collier notes seven workers’ compensation legislative trends and developments that demand the attention of all stakeholders today.
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