Capitol to Courthouse Florida Insurance Report – Thursday, November 03, 2016

Nov 3, 2016

 

Home Older Than 40?  Insurer Slaps Cap On Water Claims

Regulators have not always found Big Rate Hikes Justified for 2017, but thousands living in Older South Florida Homes face Limits on the Costliest Category of Claims not caused by storms — water damage such as from a plumbing leak.  The Palm Beach Post’s Charles Elmore reports for the “Protecting Your Pocket” blog.

 

Hurricane Matthew Took a Big Bite out of Southeastern States’ Beaches

Beaches in the Southeastern U.S. took a tremendous beating last month from Hurricane Matthew.  The U.S. Geological Survey has found that the storm washed over and damaged 15 percent of sand dunes on Florida’s Atlantic Coast, 30 percent along Georgia’s Coastline and 42 percent of the dunes on South Carolina Beaches.  Greg Allen reports for NPR.org.

 

Florida Police Union Wants Workers’ Comp for First Responders Exposed to Zika

The Florida Fraternal Order of Police wants State Lawmakers to approve a measure that would provide Workers Compensation to First Responders who contract Zika on the job.  The Associated Press reports via CBS Miami.

 

Suspended Tavares Mayor Robert Wolfe Resigns as Part of Insurance Fraud Deal

Suspended Tavares Mayor Robert Wolfe Resigned his Position and agreed not to seek another Elected Office while he is on Probation for Insurance Fraud as part of a Program for First-Time Offenders that will leave him without a Conviction on his Record, the Orlando Sentinel reports.

 

Florida Supreme Court to Consider Removing Amendment 1 From Ballot

The Florida Supreme Court agreed to consider removing the Solar-Energy Ballot initiative –Amendment 1 – after a Case was Filed Wednesday by Opponents of the Measure.   Crystal Clark reports for Fox 35 Orlando.

 

Nuclear Regulatory Commission, Army Corps Give Environmental Okay to New Florida Turkey Point Reactors

The NRC and the U.S. Army Corps of Engineers have issued the Final Environmental Impact Statement for the Proposed Reactors known as Units 6 and 7.  Susan Salisbury reports for the Palm Beach Post’s “Protecting Your Pocket” blog.

 

Scott Promises More State Funding, But Wants Universities to Cut Costs

Florida Governor Rick Scott pledged to fight for more Higher Education Funding, but also challenged the Florida’s University Leaders to act more like Private Business World Executives in finding ways to Cut Costs.  Jessica Bakeman reports for Politico Florida.

 

Insurance Trade Group Launches Blockchain Research Effort

The London Market Group has announced that it will Investigate the use of Smart Contracts and Blockchain for potential Applications in the Wholesale Insurance Market, Stan Higgins reports for CoinDesk.com.

 

North Carolina Governor Wants Special Session on Hurricane Matthew Relief

North Carolina Governor Pat McCrory said Tuesday he expects to call Lawmakers to a Special Session next month on Hurricane Matthew Relief for Eastern North Carolina, looking to Congress for Supplemental Aid first and developing Policy based on recommendations from Committees his Administration created.  Gary D. Robertson reports for Insurance Journal.

 

 

Click here to follow Colodny Fass on Twitter (@ColodnyFassLaw)

 

 

 

 

To unsubscribe from this newsletter, please send an e-mail to colodnyfassnews@gmail.com.