Heritage said reinsurance costs rise just 1% as it completes renewal

May 10, 2018

Expansion, greater diversification and focus away from Florida may have helped Heritage at its latest reinsurance renewal, which the firm says it has achieved at attractive pricing.  Artemis.bm reports. http://www.artemis.bm/blog/2018/05/10/heritage-said-reinsurance-costs-rise-just-1-as-it-completes-renewal/

17 dead + 17 injured = $300,000, says outdated Florida law

May 10, 2018

“Sovereign immunity,” a legal fiction as outdated as the divine right of royalty, explains the harsh warning that the families of Marjory Stoneman Douglas High School have been hearing from the Broward School District’s insurance company.  The Sun-Sentinel Editorial Board …

Florida Makes FBI’s Top 10 Internet Crimes States List

May 10, 2018

California, Texas, Florida and New York suffered the greatest financial losses due to cybercrime in 2017, according to the FBI’s annual Internet Crime Report.  State Scoop’s Benjamin Freed has the story. https://statescoop.com/here-are-the-top-10-states-for-cybercrimes-in-2017

Florida Constitution Review Commission Turns In Final Report

May 10, 2018

The commission, formed every 20 years to review and suggest changes to the state’s governing document, formally submitted its proposed amendments to Secretary of State Ken Detzner on Wednesday. https://www.flcrc.gov/PublishedContent/ADMINISTRATIVEPUBLICATIONS/CRCFinalReport.pdf

Only in Florida: Battle over water, free speech pits billionaire vs. activist

May 10, 2018

Nobody can sell water without getting permission from one of the state’s five water management districts, which examine whether the proposed sale is for a “beneficial use” that’s “in the public interest.”  The Tampa Tribune’s Craig Pittman reports. http://www.tbo.com/news/environment/Only-in-Florida-Battle-over-water-free-speech-pits-billionaire-vs-activist_165492969

U.S. Selects 10 Drone Test Projects

May 10, 2018

One rule submitted would allow drones to fly over people while another proposal submitted would allow for remote identification and tracking of unmanned aircraft in flight.  Reuters’ Jeffrey Dastin and David Shepardson report via Insurance Journal. https://www.insurancejournal.com/news/national/2018/05/10/488831.htm