Category: Florida News

A Tallahassee judge has ruled that life insurance companies doing business in the state don’t have to track down beneficiaries under a 2016 law (SB 966) championed by former Chief Financial Officer Jeff Atwater.  Jim Rosica reports for FloridaPolitics.com. http://floridapolitics.com/archives/262512-judge-sides-with-insurers

The winner will have to immediately turn around and run to defend the seat — raising the possibility that Tuesday’s election could simply be the precursor to a rematch between Fernandez and Vargas.  The Miami Herald’s David Smiley reports. http://www.miamiherald.com/news/politics-government/article210135919.html

The District 39 seat covers portions of Polk and Osceola counties, the Lakeland Ledger notes. http://www.theledger.com/news/20180430/state-house-district-39-special-election-tuesday

Airbnb this week touted a new report showing Florida seniors are cashing checks thanks to its platform, and the Florida League of Cities said that announcement is proof the company doesn’t need to bypass local governments in the vacation rental …

Multiple aviation and technology companies ranging from aviation giants like Boeing to technology startups are working on aircraft designs that could be used as robotic taxis, capable of landing on urban rooftops to pick up passengers who want to avoid …

“The Property Casualty Insurers Association of America is disappointed that Gov. Wolf vetoed Senate Bill 936,” said Micaela Isler, the Chicago-based organization’s assistant vice president of state government relations, in a statement.   Louise Esola reports for Business Insurance. http://www.businessinsurance.com/article/20180430/NEWS08/912320933/Pennsylvania-workers-compensation-drug-formulary-bill-vetoed

An appellate court has rejected a community group’s challenge to premium levels for Citizens Property Insurance  customers in Monroe County.  Michael Moline reports for FloridaPolitics.com. Read the Ruling Here http://floridapolitics.com/archives/262455-court-rejects-keys-challenge

Florida House candidate Andrew Vargas is campaigning to stop “abuse and frivolous lawsuits that lead to rate increases” from insurers, but state records show his South Florida law firm is a leader in a cottage industry of trial lawyers blamed …

Universal’s retention ratio on impacted policies has continued to run over 90% during the first quarter of 2018.  Matt Sheehan reports for Reinsurance News. https://www.reinsurancene.ws/universal-to-maintain-catastrophe-retention-and-increase-reinsurance-cover/

If successful, the city could be the first in the country to insure its resort tax revenue, Lyle Adriano reports for Insurance Business Magazine. https://www.insurancebusinessmag.com/us/news/catastrophe/miami-beach-considers-resort-tax-insurance-system-99223.aspx