Capitol to Courthouse Florida Insurance Report – Monday, November 21, 2016

Nov 21, 2016


Property owner alleges insurance company failed to cover damages

A Flagler County property owner is is suing an insurance company, alleging breach of contract in failing to cover damages.  Jenie Mallari-Torres reports for the Florida Record.


Betancourt Construction Inc. alleges it was not paid for federal project work

The United States of America, for the use and benefit of Betancourt Construction Inc., filed a complaint on Nov. 2 in the U.S. District Court for the Middle District of Florida against Travelers Casualty and Surety Co. of America and Federal Insurance Co. alleging breach of Miller Act payment bond.  Jenie Mallari-Torres reports for the Florida Record.


U.S. Senator Bill Nelson wants probe into Florida’s use of driver records

U.S. Senator Bill Nelson wants a federal investigation of how Florida uses the personal information of its 15 million licensed drivers.  The Associated Press’ Gary Fineout reports via the Palm Beach Post.


Pensacola car insurance lower than state average

A driver’s city of residence factors heavily in how auto insurers’ establish the cost of the driver’s premium, and no state witnesses a more striking fluctuation between cities’ rates than Florida, according to a recent study.  Joseph Baucum reports for the Pensacola News-Journal.


Florida Sinkhole Heightens Concerns About Fertilizer Industry

Fertilizer giant Mosaic Co. is paying tens of millions of dollars to patch a central Florida sinkhole and monitor for hazardous runoff, an incident that has heightened environmental concerns involving an industry critical to the U.S. food supply.  Jesse Newman reports for the Wall Street Journal.


Florida Legislature holds first post-election Session

A “change” election has made little difference for Florida Democrats at the state Capitol.  John Kennedy reports for the Palm Beach Post.


Pot business hazy over impacts from legalized medical marijuana in Florida

While over 70 percent of Florida voters approved constitutional Amendment 2 on November 8 to legalize medicinal marijuana, the economic impact of the measure will remain hazy for at least months if not years.  Drew Dixon reports for the Florida Times-Union.


Destination D.C.?  Resumes flooding inboxes of Trump’s Florida gatekeepers

Resumes from Floridians eager to join President-elect Donald Trump’s burgeoning administration are flooding the inboxes of leaders of his campaign in the state, now informally deputized to screen and recommend potential hires.  The Palm Beach Post’s “Post on Politics” blog reports.


Connecticut Insurance Department Launches Online Pay Portal

The Connecticut Insurance Department has issued a online pay portal to process financial transactions for licensees that conduct business daily within the department, Insurance Journal reports.


The Kind of Car Insurer That Gives Consumers the Best Value

A study from ValChoice, an analytics company, found that auto insurance from a mutual company, owned by its policyholders and not indebted to shareholders, provides the best value, the New York Times’ Gretchen Morganson reports via Crain’s Miami.


Insured Metal Theft Claims Take Dramatic Dive

In a dramatic drop-off that extends a multi-year trend, insured metal theft claims in 2015 were down 23 percent from 2014 levels and 29 percent over the past two years, reports.


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