Capitol to Courthouse Florida Insurance Report–Thursday, October 30, 2014

Oct 30, 2014

 

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.

 

 

Daily Florida Insurance-Related Events

 

1:00 p.m. to 5:00 p.m.–Florida Commission on Hurricane Loss Projection Methodology Flood Standards Development Committee meeting.  Tallahassee, Florida.  Agenda includes modeler presentations on flood loss modeling concepts, discussion on the catastrophe modeling review process and related identification of issues.  To register for the Webcast, go to:  https://www1.gotomeeting.com/register/727920896.  Teleconference:  (888) 670-3525; conference code 7135858151.  To view the meeting notice, click here.  To view the agenda, click here.

     

     

    Daily Florida Insurance-Related News

     

    Private insurers seek 183,000 Citizens customers in 2015

    Private insurance companies are already staking out plans to nab 183,000 customers of state-run Citizens Property Insurance Corp. in early 2015, Palm Beach Post’s Charles Elmore reports for the “Protecting Your Pocket” blog.

     

    Is Florida spending $350 million to deal with sea-level rise?

    Politifact evaluates the claim that Florida has spent $350 million on sea-level rise.

     

    City road surveillance cameras should come down, state says

    The Florida Department of Transportation has told at least four towns to take down license-plate-reading cameras the towns have put up on state roads.  These cameras were put up by Lauderdale-by-the-Sea on State Road A1A, the Sun-Sentinel’s Larry Barszewski reports.

     

    State of Florida grants $750,000 for cybersecurity training

    Florida’s Department of Economic Opportunity has awarded a $750,000 grant to the not-for-profit National Cyber Partnership for Cyber Foundations, a pilot program to prepare Tampa-area veterans and others for high-skill, high-wage jobs in the cyber industry, Howard Altman reports for the Tampa Tribune.

     

    U.S. Justice Department watching for voting irregularities in Florida

    The U.S. Department of Justice says it will be on the lookout for voting irregularities in Florida and is publicizing a Tampa telephone line so people who suspect voting rights abuses can report it to federal prosecutors, the Tampa Bay Times reports.

     

    Florida now monitoring 9 travelers from Ebola zone

    The Florida Department of Health is now monitoring nine low-risk people who have recently returned to the state from Ebola-affected countries, Orlando Sentinel’s Naseem S. Miller reports.

     

    Florida shipyard to pay $1 million to settle federal suit

    North Florida Shipyards and its president will pay $1 million to settle a lawsuit that said the company created a front business to get Coast Guard contracts intended for disabled veterans, the U.S. Justice Department said Wednesday.  Florida Times-Union’s Steve Patterson reports.

     

    PCI Elects Erie Insurance CEO Cavanaugh As Chair

    The Property Casualty Insurers Association of America (PCI) elected new officers to its board of governors during its annual meeting this week in Scottsdale, Insurance Journal reports.

     

    New York Appellate Court Rules Colgate Can’t Sue Reinsurers In Asbestos Case

    A New York state appellate court on Tuesday tossed Colgate-Palmolive Co.’s claims against reinsurers National Indemnity Co. and Resolute Management Inc. in a countersuit seeking OneBeacon America Insurance Co.’s coverage of legal fees in underlying asbestos lawsuits, finding that Colgate had no contractual relationship with the reinsurers.

     

    Space Station Supply Rocket That Exploded Insured for $50 Million

    Authorities on Wednesday started investigating what made an unmanned U.S. supply rocket explode in a fireball moments after lifting off from a launch pad in Virginia, destroying supplies and equipment bound for the International Space Station, Reuters’ Ian Simpson and Irene Klotz report via Insurance Journal.

     

    D.C. Council approves rideshare regulations as taxi drivers protest

    Vehicle-for-hire services like Uber and Lyft got the go-ahead from D.C. lawmakers Tuesday, making the District the latest jurisdiction to approve regulations governing a fast-emerging industry that has drawn ire from traditional taxicab companies nationwide, Washington Times’ Andrea Noble reports.

     

     

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