Category: Florida News

The U.S. market for privately written flood insurance grew by 51.2 percent last year, with state-level markets growing both more competitive and less profitable, according to 2017 statutory insurance filings compiled by S&P Global Market Intelligence.  Ray Lehmann reports via Insurance …

New Hampshire Insurance Commissioner Roger Sevigny is planning to retire this summer after 16 years with the New Hampshire Insurance Department. His current term ends on June 11.  Insurance Journal interviews him, with video. https://www.insurancejournal.com/news/east/2018/03/19/483529.htm

That design check is often a technicality but is required by the state, the Miami Herald’s Mary Ellen Klas reports. http://www.miamiherald.com/news/local/community/miami-dade/article205426634.html

Milliman Inc., a global consulting and actuarial firm, has added a property and casualty team to its Tampa, Fla., office in response to the growing demand for the firm’s property insurance analytics. It has tapped consulting actuary John Rollins to …

Demotech explains that it will update its SPEQUELLAE service on an annual basis as carrier managements re-evaluate earlier loss and loss adjustment expense estimates.  http://colodnyhosting.wpengine.com/blog/quality-of-insurer-earnings-is-now-quantifiable-through-demotechs-new-spequellae/

Not even the most sophisticated automobile safety features can protect us from some of the biggest hazards on the roads today, including the ubiquitous use of smartphones behind the wheel, PCI’s Logan McFaddin told FloridaPolitics.com. Logan McFaddin: Stop distracted driving …

Florida lawmakers this week sent a bill to Governor Rick Scott that could help provide information to police about whether drivers are deaf before officers approach cars during traffic stops, FloridaPolitics.com reports. http://floridapolitics.com/archives/259112-bill-help-police-deaf-drivers-traffic-stops

Outgoing Florida House Speaker Richard Corcoran sees a path to the Republican nomination against U.S. Rep. Ron DeSantis of Ponte Vedra Beach and Agriculture Commissioner Adam Putnam of Bartow, the Tampa Bay Times Steve Bousquet reports. http://www.tampabay.com/florida-politics/buzz/2018/03/16/after-florida-house-speaker-whats-next-for-richard-corcoran/

The U.S. Supreme Court in January heard oral arguments in Florida’s challenge to a special master’s report that found Florida had not proved its case that a water-usage cap should be imposed on Georgia to help the river and Apalachicola …

In Harris County, homeowners who received letters from the city stating that the cost of repairing their home would equal or exceed 50 percent of its pre-Harvey market value are also required to meet current floodplain regulations by elevating — …