Capitol to Courthouse Florida Insurance Report – Wednesday, December 21, 2016
Dec 21, 2016
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.
Over 500 miles of Florida Beaches were damaged by two Hurricanes this year, the Naples Daily News reports via the PCI SmartBrief.
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.
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.
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.
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.
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.
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.
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.
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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