Capitol to Courthouse Florida Insurance Report: Monday, June 1, 2015
Jun 1, 2015
To go directly to the section of your choice, click on a hyperlink below. Other hyperlinks to meeting information, bills and news are noted in bold type.
10:00 a.m.–Florida Workers’ Compensation Insurance Guaranty Association Board of Directors meeting. Tallahassee, Florida. To view the meeting notice, click here.
Living in a (semi)-tropical paradise has a price – and apparently, not even going nine years without a major hurricane strike will change that. The Associated Press’ Gary Fineout reports via SaintPetersBlog.com.
Insurance giant Swiss Re, according to a recent news story, has estimated that the economy in southeast Florida could sustain $33 billion in damage from sea-level rise and other climate changes by 2030. The Miami Herald notes the Associated Press report.
Since eight hurricanes whipped through Florida during back-to-back seasons a decade ago, causing $33 billion in insurance claims, the state’s coastal communities have added an additional 1.5 million people and almost a half-million new houses, an Associated Press analysis shows. Insurance Journal carries the story.
In Florida cities and counties where home-sharing rental service is allowed and where it does not violate local zoning or housing laws and regulations, a homeowner is urged to carefully consider their insurance coverage and whether they are fully protected for all circumstances that may arise, Florida Insurance Commissioner Kevin McCarty explains in the Tampa Tribune.
On the eve of the Special Session, Uber’s Florida General Manager Matthew Gore and other Florida business leaders have asked House Speaker Steve Crisafulli and Senate President Andy Gardiner to include transportation network companies in the call that starts today, SaintPetersBlog.com’s Mitch Perry reports.
With a looming deadline, Florida legislators return to the state Capitol this week promising to do what they couldn’t during the 60-day regular session that ended May 1. The Associated Press’ Gary Fineout reports via SaintPetersBlog.com.
- Discord remains as legislation session begins
- 5 questions heading into Special Session
- Local Legislators Doubt Shutdown Will Occur
Governor Rick Scott has submitted a plan to the federal government that would shift federal money to treat uninsured patients from public, safety-net providers to for-profit hospitals, Skyler Swisher reports for the Daytona Beach News-Journal.
When it comes to private property rights on Florida’s beaches, the line in the sand is blurry. Valerie Garman reports for the Panama City News-Herald.
A special report from A.M. Best notes that “for publicly traded reinsurance companies, stock prices ended the first quarter of 2015 well above the overall market, driven by the continued benign loss environment and strong performance by the largest four European companies.” Insurance Journal explains.
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