Capitol to Courthouse Florida Insurance Report – Monday, December 05, 2016
Dec 5, 2016
A Local Insurance Watchdog Group has formally filed its challenge to a nearly 9 percent Property Insurance Rate Increase in the Florida Keys. Timothy O’Hara reports for the Florida Keys News.
It took six years, but a Federal Jury in a Florida Court has determined Car Insurance Giant Geico acted in bad faith when it didn’t fully settle a claim with the family of a woman who died in a road rage accident. Will Koblensky reports for Insurance Business America.
Felix Castro-Rosario Filed a Complaint in the Thirteenth Judicial Circuit Court – Hillsborough County against American Security Insurance Co. alleging that the Insurance Firm denied Plaintiff’s Claim for damages to his Property. Wadi Reformado reports for the Florida Record.
Local Officials are cracking down on Corruption in Palm Beach County’s Sober-Home Industry, the Associated Press reports via WLRN.
It has reached a level of absurdity that Florida Home and Business Owners would find appalling, yet there appears to be no end in sight for the abuse by Insurance Companies of the State’s untenable Work Product Privilege Laws shielding their entire “Claim File” from Discovery in Litigation. A plaintiffs’ firm writes this editorial opinion for the Miami Herald.
Hub International Limited, a leading Global Insurance Brokerage, announced today that it has acquired the assets of South Florida-based MDW Insurance Group, Inc. and its affiliates Agents Insurance Resources, Inc. and A.I.R. Insurance Marketing, Inc.
Insurance Journal reports that Acentria Insurance has expanded its presence in South Florida through a merged Partnership with ISure Insurance Brokers, located in Miami.
A New State Report finds that Florida’s Massive Retirement Account for Public Employees did not meet its goals over the past year, but that it’s still doing well over the long term. The Associated Press reports via the Tampa Bay Times.
Billionaire Elon Musk, better known for his Tesla Electric Cars and SpaceX Rockets, is leading his Solar Rooftop Company, SolarCity, into the Sunshine State after Florida Voters rejected the Amendment 1 Solar Energy Proposal last month. The Real Deal reports from Miami.
Speaker of the House Richard Corcoran, R-Land O’ Lakes, and Senate President Joe Negron, R-Stuart, may enjoy comfortable margins in their Chambers, but the two subscribe to different strands of Republicanism, the Tallahassee Democrat’s James Call explains.
Despite their shared commitment to smaller Government, Scott’s Staff and those of the Legislative Leaders eye each other warily across the Capitol Complex, the Tallahassee Democrat’s James Call reports.
The Florida House of Representatives has released Bill Filing Deadlines for the 2017 Legislative Session, FloridaPolitics.com reports.
The Tampa Bay Times’ Steve Bousquet posts the complete schedule for House Speaker Richard Corcoran’s “Legislator University,” the two-day training seminar for House Members to be held at the Capitol in Tallahassee on Dec. 6-7.
Palm Beach County State Senator Jeff Clemens Filed Legislation this week (SB 72) that would automatically Register Floridians to Vote when they apply for or renew their Driver’s License. Mitch Perry reports for FloridaPolitics.com.
Another name is circulating around Political Circles to run for Governor in 2018. Tallahassee Mayor Andrew Gillum’s name is floating around as a possible contender to take the State’s Top Job in Politics, and some say it wouldn’t be a bad pick for the Democrats in two years. Allison Nielsen reports for SunshineStateNews.com.
Without mentioning any names, or even the issue at hand, Florida Senator Jack Latvala took a clear swipe Thursday at a newly minted Senate Colleague who Filed Legislation to undo a University Tuition measure that Latvala worked hard to broker two years ago. The Tampa Bay Times’ Jeffrey Solocheck reports via “The Buzz” blog.
The U.S. House of Representatives took a step toward changing the Dodd-Frank Financial Regulation Law by passing a measure that requires that a Systemic Risk Designation be based on more than a Financial Institution’s size. Insurance Journal’s Andrew G. Simpson reports.
California Insurance Commissioner Dave Jones issued new Auto Collision Repair Labor Rate Survey Regulations that he said will increase Consumer Protections when a damaged vehicle is repaired, Insurance Journal reports.
Surplus Lines Agents doing business in North Carolina can now begin Registering with the recently established North Carolina Surplus Lines Stamping Office as New Rules regarding Resident and Non-Resident Surplus Lines Licenses are set to take effect, Insurance Journal reports.
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