Capitol to Courthouse Florida Insurance Report – Wednesday, December 21, 2016
Dec 21, 2016
Demolition Possible for Some St. Augustine Homes
Some homes in St. Augustine, Florida could be demolished because of damaged suffered during Hurricane Matthew, the Florida Times-Union reports via the PCI SmartBrief.
Florida Beaches See $77M in Hurricane Damage
Over 500 miles of Florida Beaches were damaged by two Hurricanes this year, the Naples Daily News reports via the PCI SmartBrief.
Citizens Pencils in Reinsurance Budget Amid Uncertainties
Florida Citizens Property Insurance has tentatively set aside $70M to spend on its Reinsurance Buying in 2017, as it faces rising losses from Water Claims and Assignment of Benefits Litigation, Insurance Insider reports.
Joe Negron Envisions Block Grant System for Medicaid in Florida
Senate President Joe Negron wants to start preparing for a day when Congress turns the Medicaid System into a Block-Grant Program. Michael Moline reports for FloridaPolitics.com.
· Senators Working on New Medicaid Framework That Could Expand Coverage
Florida Highway Patrol Warns of Traffic Citation Scam
In a News Release sent Tuesday night, the Agency said a Company representing itself as the Department of Highway Safety and Motor Vehicles – or DHSMV – demands payment for “Citations.” The Associated Press reports via FloridaPolitics.com.
Florida Was One of The Nation’s Fastest-Growing States in Last Year
New figures released Tuesday by the U.S. Census Bureau show that Florida’s Population Grew by 1.8 percent in the last year. The Associated Press reports via the Naples Daily News.
Florida Utility Regulator Lands New Job in Charge of Florida Parks
An outgoing State Utility Regulator is landing a New Job to Head Florida’s Parks System after the Old Director was abruptly demoted. The Associated Press reports via the Tampa Tribune.
Seminole Tribe Pays State Nearly $20M in Gambling Money
The Seminole Tribe of Florida has paid the State nearly $20M this month in Gambling Revenue Share, according to Public Records released Tuesday. Jim Rosica reports for FloridaPolitics.com.
· Federal Judge Won’t Change Mind on Blackjack Decision
Congressional Puerto Rico Task Force Releases Final Recommendations
A Bipartisan Congressional Task Force heavily influenced by Florida’s U.S. Senators Bill Nelson and Marco Rubio released its Final Report Tuesday on dealing with Puerto Rico’s Economic Collapse offering scores of recommendations for helping the U.S. Territory, its Economy and its People. Scott Powers reports for FloridaPolitics.com.
Palm Beach County To Congress: Reimburse Us For Protecting Trump
The Palm Beach Post Reports that the County is sending a Letter to Congressional Members asking for help in getting reimbursed for resources devoted to securing Mar-a-Lago, Trump’s Palm Beach Mansion.
Mostyn Law Seeks New Trial Following State Farm Win In Hail Suit
Following a Summary Judgment Loss, the Mostyn Law Firm is asking for a New Trial in a Hail Lawsuit against State Farm Lloyds. David Yates reports for the SE Texas Record.
The Federal Reserve Board has barred two Former Employees of Regions Bank from employment in the Banking Industry following their Indictment for Financial Crimes involving Insurance Policy Kickbacks, Colodny Fass’ BrowardBusinessLawyer.com reports.
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