Capital to Courthouse Florida Insurance Report, Monday, August 07, 2017
Aug 7, 2017
Sinkhole in Florida Neighborhood Continues Growing, 2 More Homes Condemned
Pasco County Officials during a News Conference that a large chunk of the hole’s edge has collapsed. Two More Homes in Land O’Lakes, a Tampa Suburb, have been condemned. Insurance Journal reports.
Ryan West Named Florida CFO’s Chief Of Staff
Chief Financial Officer Jimmy Patronis on Monday announced in a Press Release he had named Ryan West his New Chief Of Staff, effective later this month, taking over for the retiring Robert “Budd” Kneip. FloridaPolitics.com reports.
· Robert “Budd” Kneip Retires From CFO’s Office
Florida Faces 61 Percent Chance Of Hurricane Hit
As Florida moves into the peak months of the Annual Hurricane Season, Colorado State University Researchers project a 61 Percent Chance the State will be hit by a Hurricane. THE NEWS SERVICE OF FLORIDA reports via FloridaPolitics.com.
Thousands of Palm Beach County Properties Now In High-Risk Flood Zones
A majority of the Newly Classified High-Risk Properties are in the Western part of the County, including Royal Palm Beach, Wellington, Greenacres and Westgate. The Sun-Sentinel’s Ron Hurtibise reports.
How Sea-Rise Ready is Your Home or Business? South Florida Startup Offers the Lowdown
It’s easy to see a need for this South Florida Tech Startup’s Service, especially when last Tuesday’s Torrential Deluge flooded dozens of Homes and Businesses in the Miami area. The Miami Herald’s Nancy Dahlberg reports.
· The Ins and Outs of Insuring Businesses Against Disasters
Florida League of Cities Applauds Marco Rubio for FEMA Claw Back Bill
Republican U.S. Sen. Marco Rubio got a pat on the back from the Florida League of Cities for Filing a Bill that would protect Communities that receive FEMA Funds from Claw Backs years after a disaster strikes. FloridaPolitics.com Publisher Peter Schorsch reports.
Rental Car Customers Across U.S. Seek Refunds From Pam Bondi
Customers are seeking Cash Refunds from Florida’s Attorney General as a result of Overcharges by Rental Car Companies that slapped extra fees on their own Costumers who didn’t pay Highway Tolls. Steve Bousquet reports via the Miami Herald’s “Naked Politics” blog.
Air Ambulance Prices Double, GAO Says. Should Florida Do Anything?
Helicopter Air Ambulance Prices approximately Doubled in Four Years, a New Government Report finds as Florida Officials consider possible Legislation by next spring to Limit what Consumers pay for Emergency Transportation. The Palm Beach Post’s Charles Elmore reports via the “Protecting Your Pocket” blog.
Florida’s Cure For Nursing Shortage Didn’t Work.
There were about 12,000 Nursing Vacancies last year, twice as many as in 2009, according to the Florida Center of Nursing. Scott Travis reports for the Sun-Sentinel.
Businesses Bucked Florida’s Pollution Notification Rule
Through June, more than Two Dozen Pollution Incidents were Reported in Central Florida. The Orlando Sentinel’s Jason Ruiter reports.
AON Study: Catastrophe Bond Market Breaks New Records In 2nd Quarter, 1st Half
Catastrophe Bond Issuance during the Second Quarter stood at US$6.38 Billion across 20 Transactions – a New Record for Quarterly Issuance that surpassed the previous Record of US$4.49 Billion set in Q2 2014, according to a Report Issued by Aon Securities, the Investment Banking Division of Aon Benfield.
Analysis: Top Mississippians Back Private Flood Insurance
Mississippi’s Top Insurance Regulator and its only Democratic Congressman are both ready to cede some of the Federal Flood Insurance Market to Private Insurers. The Associated Press’ Jeff Amy reports via the San Francisco Chronicle.
Why One Insurer’s Collapse Could Whack Insurers, Policyholders Across the Country
Among all the Reasons for Rising Health Insurance Premiums, this one might be the most obscure: A Long-Term Care Insurer in Pennsylvania just went Belly-Up. Chad Terhune reports for Kaiser Health News.
NAIC Signs MOU with Argentina’s National Superintendence of Insurance
The MOU is a Framework for Insurance Supervisors in the U.S. and Argentina to Coordinate Regulatory Issues with the goal of Efficient, Fair, Safe and Stable Insurance Markets.
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