Capitol to Courthouse Florida Insurance Report – Wednesday, August 30, 2017

Aug 30, 2017


Universal Insurance Holdings, Inc. to be Honored By Women Executive Leadership Florida for Advancing Gender Diversity in The Boardroom

Universal Insurance Holdings, Inc. (NYSE: UVE) announced today that it will be honored at the Women Executive Leadership Florida 2017 Corporate Salute Event on September 12, 2017.


Florida Finds No Wrongdoing By Major State Contractor — But Critics Not Satisfied

A State Investigator, who was probing Claims that a Major State Contractor, DBi Services, installed Counterfeit Highway Dividers in Miami-Dade County found no Evidence of Wrongdoing.  Politico Florida’s Daniel Ducassi reports.


Florida Senate Sued Over Doomed Website

Florida Taxpayers have already spent $5 Million on a State Budget Website that never went Public. Now Litigation over the Failed Project could cost another $200,000.  The Associated Press reports.


Feds Have Launched Criminal Investigation of Charlotte School of Law, Documents Say

In her Complaint, Barbara Bernier Claims Charlotte Law and its Owner, InfiLaw Corp. of Naples, Fla., Defrauded U.S. Taxpayers Out Of $285 Million from 2010-15. Bernier’s Lawsuit and other related Documents were Unsealed last week by a Florida Judge.  Michael Gordon reports for the Charlotte Observer.


Harvey Will Test New Texas Insurance Law That Could Limit Lawsuits Against Insurers

Joaquin Castro calls on Abbott to call Special Session to Delay the New Law.  The Houston Chronicle’s James Drew reports.


PCI’s Sampson:  Beware of Insurance Myths, Scare Tactics in Texas

A Texas Law that takes effect Friday will not alter the Claims Process or Reduce Policyholders’ Options for Legal Remedies in Bad-Faith Cases, despite misinformation that some sources are spreading, writes David Sampson, President and Chief Executive of PCI.  The Dallas Morning News reports via PCI SmartBrief.


Insurers Still Want In On Private Flood Market Despite Harvey

Private Insurers still want to dive into the Flood Insurance Market despite the ongoing Historic Flooding from Hurricane Harvey.  Insurance groups told Bloomberg BNA.




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