Capital to Courthouse Florida Insurance Report, Thursday, June 29, 2017
Jun 29, 2017
Gaetz Bill for Private Beach Ownership Advances in Congress
The Bill, which isn’t yet scheduled for Debate on the House Floor, would Overturn Restrictions put in place by the Federal Government when it deeded a large swath of Santa Rosa Island to Escambia County after World War II. Melissa Nelson Gabriel reports for the Pensacola News-Journal.
Florida, Other States’ Homeowners Surveyed Unaware of Hurricane Deductibles
The Insurance Research Council says 34% of Homeowners Surveyed in Florida, New Jersey, North Carolina, South Carolina and Texas reported having no knowledge about Hurricane Deductibles. National Underwriter’s PropertyCasualty360.com reports via the PCI SmartBrief.
Claim: State Pressured CFO, Used Secret Recordings to Shut Down Universal Health Care
Universal Filed for Bankruptcy in February 2013 and Shut Down a month later after FBI Agents raided its Headquarters. Susan Taylor Martin reports for the Tampa Bay Times.
Cedants Affect Reinsurance Rates, JLT Re Says
JLT Re’s Risk-Adjusted Florida Property-Catastrophe Rate-on-Line (ROL) Index has decreased by 5.1 percent this year. The Intelligent Insurer reports.
5 Kids Sickened by “Cloud of Chlorine Gas” at Tampa Pool
A thunderstorm knocked out a pump at an indoor swimming pool in Florida, causing a “Cloud of Chlorine Gas”. The Associated Press reports via the Washington Post.
Florida Senate Budget Chief Vows Mental Health Aid
The Florida Senate’s Budget Chairman pledged Wednesday to adequately fund Mental Health Programs gutted in the last Legislative Session. Alexandra Glorioso reports for the Naples Daily News.
Florida Supreme Court Hears Death Penalty Dispute Involving a State Attorney and Governor Scott
The Case involves whether the Republican Governor violated the State Constitution by taking 24 Murder Cases out of the hands of Orlando-Area State Attorney Aramis Ayala, who has said Capital Punishment is costly and drags on for years. The Associated Press reports via the Florida Times-Union.
84-Year-Old Florida Doc Accused of Illegally Distributing $10M in Pain Pills
Investigators say the Doctor and three Employees at a Florida Medical Center were involved in the Conspiracy. The Associated Press reports via Insurance Journal.
Renner Leading Pack; House Speaker’s Race Comes Down to Friday Vote
State Representative Paul Renner remains a Front-Runner heading into Friday’s Election to determine the next person in line to become Speaker of the Florida House. Tia Mitchell reports for the Florida Times-Union.
Former Florida Job-Recruitment Leader Chris Hart Joins TaxWatch
Florida TaxWatch, a Business-Backed Research Group, announced the hiring of Hart as Executive Vice President. THE NEWS SERVICE OF FLORIDA reports via the Orlando Sentinel.
Florida Congressman’s Proposal to Help Passengers on Overbooked Flights Builds Momentum
This week, the U.S. House Transportation and Infrastructure Committee rolled U.S. Rep. Neal Dunn’s, R-Fla., Proposal on Overbooked Flights into the Federal Aviation Administration (FAA) Reauthorization. Kevin Derby reports for SunshineStateNews.com.
PCI Adds Former Treasury, Federal Insurance Official Ledoux to Policy Team
The Property Casualty Insurers Association of America (PCI) said Chris Ledoux, who has served as an Advisor on Insurance Issues for the Treasury Department and the Federal Deposit Insurance Corp. and worked to establish the Federal Insurance Office, is joining the Association as Vice President, Federal Policy.
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