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...
Quality of Florida Insurer Earnings Now Quantifiable Through Demotech’s New “SPEQUELLAE”
March 16, 2018
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. ...
Logan McFaddin: Stop distracted driving and AOB abuse
March 16, 2018
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...
Bill could help police, deaf drivers in traffic stops
March 16, 2018
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....
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...
Florida-Georgia “Water War” Could Keep Rolling Along
March 16, 2018
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...
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...
Citizens Property Insurance hit with $12.7 million verdict
March 15, 2018
Last week, a Pinellas County announced one of the largest verdicts ever against state-run Citizens Property Insurance — $12.7 million. Susan Taylor Martin reports for the Tampa Bay Times....
After Hurricane Irma, lawmakers vowed to prepare Florida for the next storm. Did they follow through?
March 15, 2018
A report released in January included 78 recommendations, ranging from evacuations to healthcare, aimed at shoring up Florida’s disaster preparedness before this year’s hurricane season. Elizabeth Koh reports...
Fire at Florida High Rise Leaves 1 Dead, 100 Displaced
March 15, 2018
The state fire marshal is investigating. Pompano Beach is just north of Fort Lauderdale. The Associated Press reports via Insurance Journal. https://www.insurancejournal.com/news/southeast/2018/03/15/483383.htm