Category: Florida News
Apr 30, 2018
While new tech tools can be beneficial, insurers have also been caught using “price optimization,” now outlawed in 16 states. Insurers mined customer data and tested incremental price increases to figure out which policyholders would switch to another carrier, Ed …
Apr 27, 2018
BuildFax, a provider of property condition and history insights, has found that there has been a 110.6% increase in residential roof remodels in Florida over the last 10 years, which has not been considered in recent reinsurance negotiations and catastrophe …
Apr 27, 2018
Florida’s Citizens Property Insurance Corporation Board of Governors will meet on the State-run insurer’s 2018 Risk Transfer Program, among other topics on May 8, 2018 at 3 p.m. (ET), Colodny Fass reports. http://www.browardbusinesslawyer.com/floridas-citizens-property-insurance-board-meet-risk-transfer-program-may-8/
Apr 27, 2018
A Florida federal judge on Wednesday dismissed claims that Westchester Fire Insurance Co. must pay building contractors for money lost over the installation of defective Chinese drywall, saying Westchester’s policy was only triggered by court-ordered judgments. Law360.com reports. https://www.law360.com/florida/articles/1037337/insurer-needn-t-cover-contractors-in-chinese-drywall-suit
Apr 27, 2018
The looming impacts of climate change are increasingly raising questions about the future of Miami’s real estate, particularly from residents who wonder what will happen to their property as the sea level rises. The Miami Herald’s Joey Flechas reports. http://www.miamiherald.com/news/local/community/miami-dade/article209710464.html
Apr 27, 2018
There are several reasons for Florida’s building inspector shortage, including what might be the toughest licensing requirements in the nation, the Tampa Bay Times explains. http://www.tampabay.com/news/business/realestate/Cities-turn-to-private-inspectors-as-construction-booms-and-problems-follow_167625400
Apr 27, 2018
More than 1,800 people have been removed from Florida’s state-employee health insurance program, THE NEWS SERVICE OF FLORIDA reports via FloridaPolitics.com. http://floridapolitics.com/archives/262236-state-workers-hand-over-papers-for-health-coverage
Apr 27, 2018
The president and owner of a Florida pharmacy that was at the center of a massive compounding pharmacy fraud scheme, which impacted private insurance companies, Medicare and TRICARE, was sentenced, Florida Trend reports. http://www.floridatrend.com/article/24433/owner-of-florida-pharmacy-sentenced-to-15-years-in-prison-for-100-million-compounding-pharmacy-fraud-scheme-press-release
Apr 27, 2018
More judicial nominations from President Trump were announced today, the Tampa Bay Times’ Alex Leary reports. http://www.tampabay.com/florida-politics/buzz/2018/04/26/trump-names-more-florida-judicial-nominees/
Apr 27, 2018
State Representative Bob Cortes has been appointed the south region chair of the National Hispanic Caucus of State Legislators, his re-election campaign announced. Scott Powers reports for FloridaPolitics.com. http://floridapolitics.com/archives/262100-bob-cortes-takes-leadership-posts-in-national-hispanic-caucus-of-state-legislators