Category: Insurance Regulatory News

Governor Rick Scott announced his long-expected run for the Florida Senate today in an Orlando rally, setting the stage for a contentious and expensive battle against Democratic Senator Bill Nelson.  The Miami Herald’s Lawrence Mower reports via the “Naked Politics” …

With a pen stroke, Scott avoided the epithet “Governor Poopy Water,” something environmentalists had vowed to call him if he let the bill become law.  The Associated Press’ Brendan Farrington reports via the Palm Beach Post. http://hosted.ap.org/dynamic/stories/F/FL_FLORIDA_GOVERNOR_WASTEWATER_VETO_FLOL-?SITE=FLPAP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2018-04-06-17-51-44

State Representative Lori Berman, a Democrat, is running against Tami Donnally, the vice chairman of the Palm Beach County Republican Party, the Associated Press reports. https://apnews.com/02051558b5484d1da7757eaeaae1c7f8/Voters-to-pick-replacement-for-Florida-state-senator

His third act might make those against-all-odds aspirations seem easy. Now he wants to defeat Florida’s most popular Democrat, U.S. Sen. Bill Nelson, in a time when almost every Republican with close ties to President Donald Trump has lost or at least dramatically …

A team including an Iowa State University researcher studied Galveston, Texas, homes following Hurricane Ike, finding that the types of housing and homeowners – and how U.S. recovery policy handles each – played a major role in recovery outcomes, Insurance …

The U.S. territory is not ready for another disaster, Insurance Journal’s Danica Coto reports. https://www.insurancejournal.com/news/national/2018/04/09/485685.htm      

Currently, homeowners in the 100-year floodplain are required to have flood insurance and build new homes 1 foot above the floodplain. The proposal will increase that to 2 feet and expand it to homes in the 500-year floodplain.  The Texas …

After the Massachusetts Nor-easter, Gatehouse Media’s Peter Cohan writes that his insurance agent said that filing a claim would cause him to be placed in the state insurance pool – Mass Property — thus raising our premium by $800 a …

Two homes in The Villages sit condemned, as six weeks ago, a sinkhole opened up underneath them. And any repairs done to the homes are just undone by more sinking.  FOX Orlando reports. http://www.fox35orlando.com/news/local-news/study-hurricane-irma-could-be-the-cause-of-several-sinkholes

One bill increases the maximum limit of advertising, promotional gifts and charitable contributions permitted by insurance companies or agents from $25 to $100 in any calendar year. https://www.flgov.com/2018/04/06/governor-rick-scott-signs-17-bills-into-law-vetoes-one/