Capitol to Courthouse Florida Insurance Report – Tuesday, November 07, 2017
Nov 7, 2017
In the eight weeks since Irma rampaged through the State, the estimated Insured Losses from Property Owners now stands at $5.55 Billion, according to an updated Report Monday from the Florida Office of Insurance Regulation. John Hielscher reports for the Sarasota Herald-Tribune.
The related Bills, SB 664 and HB 469, would require Maritime Salvage and Towing Companies to provide Boaters with the option of a Written Cost Estimate before rendering Assistance on the water.
Florida Blue is taking the action because the abundance of Opioids Prescribed to its more than 5 Million Members represents a risk for abuse and provides evidence that Doctors are doling out more than Patients need of the powerful but addictive drug. The Miami Herald’s Dan Chang reports.
In yet another Standoff between Health Care Providers and a Major Insurance Company, Sarasota Memorial Hospital announced Thursday that the Health Care System has “Not Yet been able to Renew” its Contract with UnitedHealthcare. Barbara Peters Smith reports for the Sarasota Herald-Tribune.
State Representative Neil Combee, R-Polk City, has been Appointed as State Director of the U.S. Department of Agriculture’s Farm Service Agency. John Chambliss reports for the Lakeland Ledger.
The Election Dates were suggested by Palm Beach County Elections Supervisor Susan Bucher, who took into consideration Requirements such as a State Law that Mandates at least 45 Days before an Election to mail Ballots to Military Personnel and Overseas Voters. The Palm Beach Post’s George Bennett reports.
Senator Rob Bradley, a Fleming Island Republican, took over as the upper Chamber’s Powerful Budget Chief Monday after Senate President Joe Negron told Senator Jack Latvala to step aside, at least for now. THE NEWS SERVICE OF FLORIDA’s Dara Kam reports for the “Truth or Dara” blog.
The Proposed Fee and Tax Cuts come as the Legislature faces a tight Budget for the upcoming Fiscal Year. THE NEWS SERVICE OF FLORIDA’s Jim Turner reports via the Florida Times-Union.
Florida State is at least the third University this year to Suspend Greek Life because of Alcohol-Related Tragedies. Joe Reedy reports for the Orlando Sentinel.
Freshman U.S. Rep. Francis Rooney of Florida has been named Vice Chairman of the U.S. House Foreign Affairs Committee. Scott Powers reports for FloridaPolitics.com.
Global Insurers would incur a Levy on the Cost of “Reinsurance” they Buy from Foreign Affiliates. Bloomberg’s Lynnley Browning reports via Insurance Journal.
A Bill to Reduce Auto Insurance Premiums was defeated late on November 2 by the Michigan House, another blow for longstanding efforts to rein in Medical Costs contributing to the Highest Average Rates in the Country. The Associated Press’ David Eggert reports via Insurance Journal.
Jones Act Defenders argue that the Protected Domestic Shipping Lines sustain a cohort of Commercial Seafarers ready to serve the Country in case of National Emergency. But in just such an Emergency – the Devastation wrought by Hurricane Maria – the limited supply of Jones Act-Eligible Vessels artificially inflated Operating Costs. Texas candidate for U.S. Senate Stefano de Stefano explains in SunshineStateNews.com.
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