Capitol to Courthouse Florida Insurance Report – Monday, August 28, 2017

Aug 28, 2017

 

Alron Construction LLC Claims State Farm Should Reimburse It For Home Repairs

The Plaintiff holds State Farm Florida Insurance Co. responsible because the Defendant allegedly refused payment for all of Plaintiff’s Covered Losses.  The Florida Record reports.

 

Insurer Alleges AT&T Technician Hit Water Line While Installing Service Box, Caused Property Damage

The Suit States the Defendant’s Technician struck a Water Line while drilling through an exterior wall, causing damages to the Property. The Plaintiff Claims it paid its Insured $16,159.09 for the Damages.  The Florida Record reports.

 

Florida House Ready For Another Run At “Direct Primary Care”

After Approving similar Proposals in each of the past three years, the Florida House is poised to again take up a “Direct Primary care” Bill during the 2018 Legislative Session.  THE NEWS SERVICE OF FLORIDA reports via FloridaPolitics.com.

 

Florida’s Baker Act — A Revolving Door?

Of nearly 195,000 Floridians taken into Custody for a Baker Act Evaluation in Fiscal Year 2015-2016, the most recent data available, most were released with no follow-up.  Kate Santich reports for the Orlando Sentinel.

 

Anti-Terror Barriers Installed On Lincoln Road

Miami Beach installed New Barriers along the entrance of Lincoln Road Pedestrian Mall and Alton Road. Miami Beach Mayor Philip Levine said the Barriers will eventually be replaced with something permanent and aesthetically pleasing.

 

Appointed To U.N. Post, Trujillo Won’t Resign From Florida Legislature

Trujillo said he confirmed over the weekend that the Position would not require him to abandon his Elected Office.  Patricia Mazzei reports via “The Buzz” blog.

 

Meet Governor Scott’s New Grandsons

The Governor and First Lady Ann Scott now have six grandsons.  Dara Kam reports via THE NEWS SERVICE OF FLORIDA.

 

Richard Corcoran Has Tough Words For A Dozen Local Tourism Councils

House Speaker Richard Corcoran, R-Land O’Lakes, sent Letters Friday to a dozen Local Tourism Councils that have cut ties with Visit Florida, saying all 12 are under the “False Presumption” that doing so would shield them from Legislative Oversight.  Steve Bousquet reports via “The Buzz” blog.

·         How Richard Corcoran Prepares for Possible Run for Governor

 

Feds:  Florida Housing Agency Misspent Grant Money

An Audit found that Florida’s Housing Agency spent more than $100,000 of Federal Grant Money meant for Struggling Homeowners.  The Associated Press reports via FloridaPolitics.com.

 

Lawmaker Pushes Rules to Promote Transparency in Local Government Spending

A Polk County Legislator wants to make it easier for Residents to keep track of how Local Government spends Tax Revenues.   James Call reports for the Tallahassee Democrat.

 

Hurricane Harvey Raises Gas Prices Across Florida

While all eyes are on how it impacted Houston, which is still dealing with major flooding, Hurricane Harvey also led to a dramatic Increase in Gas Prices in Florida.  Kevin Derby reports for SunshineStateNews.com.

 

Two Florida Housing Markets Are In Top 10 For Future Buyers

A New Report says two Florida Housing Markets are in the Top 10 for where Future Homebuyers are likely to make purchases.  The Associated Press reports via the Tampa Tribune.

 

Federal and State Banking Agencies Issue Statement on Supervisory Practices Regarding Financial Institutions and Borrowers Affected by Hurricane Harvey

The Office of the U.S. Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and State Bank Regulators recognize the serious impact of Hurricane Harvey on the Customers and Operations of many Financial Institutions and will provide Regulatory Assistance to Affected Institutions subject to their Supervision.

 

Hurricane Harvey Could Spur Congress to Act on Flood Insurance

The destruction that heavy rain and floods from Hurricane Harvey could inflict on Texas would add to the pile of debt owed by a Federal Flood Insurance Program that is due to expire in September, Advocacy Groups said.  Reuters’ Suzanne Barlyn reports via Insurance Journal.

 

The US Is Good At Responding To Flood Damage. We’re Terrible At Mitigating It.

The US is spending Billions on Homes that flood multiple times.  Ella Nilsen reports for Vox.com.

 

The “500-Year” Flood, Explained:  Why Houston Was so Underprepared for Hurricane Harvey

It’s the City’s Third “500-Year” Flood in the past three years.   Dara Lind reports for Vox.com.

·         Houston Also Had a Disastrous “Once-in-500-Year” Flood in 2001

 

A.M. Best Weighs Hurricane Harvey’s Financial Hit; Ranks Top 30 Texas Insurers

With Hurricane Harvey threatening the Texas Coastline, A.M. Best said it has begun to Assess the potential Financial Impact this event may have on the U.S. Property/Casualty Industry.  Insurance Journal reports.

 

Public Adjuster Tutwiler & Associates Urges Policyholders to Avoid These Mistakes With Their Hurricane Harvey Insurance Claim

The Public Adjusters at Tutwiler & Associates urge Policyholders to take the proper steps to protect themselves and their Claim to avoid some common mistakes that may create Insurance Claim Settlement Problems.

 

Staying Safe:  A Hurricane Harvey Survival Guide For Claim Adjusters

For Insurance Pros traveling to Texas, “Safe” and “Smart” are the Watchwords.  National Underwriter’s PropertyCasualty360.com reports.

 

 

 

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