Capital to Courthouse Florida Insurance Report, Tuesday, July 25, 2017
Jul 25, 2017
Florida Sinkhole Cleanup Expected This Week
Crews were out on Monday doing core drilling, and looking at stability around the sinkhole. ABC Action News reports.
· Crews Look at Stability of Florida Sinkhole That Ate 2 Homes
Florida Communities Prepare For Sea Level Rise, Potential Costs To Local Economy
“The Cost of Doing Nothing,” a Study released earlier this year by the Tampa Bay Regional Planning Council, paints a striking Economic Portrait of how Rising Sea Levels might transform the area’s Economy by 2060 if Pinellas, Hillsborough, Pasco and Manatee County Communities fail to take more measures to reduce their flood risk. Zac Taylor reports for 83 Degrees Media.
Charlie Crist: Congress Should Make Flood Insurance Accessible, Affordable
Ultimately, if Homeowners can’t afford Flood Insurance, they won’t buy it. U.S. Representative Charlie Crist, D-St. Petersburg explains in this Tampa Bay Times editorial opinion.
AssuredPartners, Inc. is pleased to announce the Acquisition of Front Range Insurance Group, LLC of Fort Collins, Colorado along with Two Divisions of VolkBell to include John Bell’s Employee Benefits Team and Steve Smith’s Property and Casualty Team.
Voters to Pick Replacement for Florida Senator Who Resigned
Republicans will pick among Representative Jose Felix Diaz, Former Sen. Alex Diaz de la Portilla and Attorney Lorenzo Palomares to represent Senate District 40, a competitive Southwest Miami-Dade district where Democrats will choose between former Representative Ana Rivas Logan and Businesswoman Annette Taddeo. The Miami Herald’s Patricia Mazzei reports.
· With Miami-Dade’s Diaz leaving, Corcoran Shuffles House Deck
Richard Corcoran Announces 2018 Leadership In House
In a Tuesday Memo, House Speaker Richard Corcoran Announced his Leadership for the 2018 Legislative Session, including the Committee Weeks that lead up to the Annual Session. SaintPetersBlog.com Publisher Peter Schorsch reports.
SBA-Backed Loans in Southern Florida Exceed $1 Billion
For the third year in a row, the South Florida District of the U.S. Small Business Administration Exceeded $1 Billion Small Business Lending – and this year, the District achieved it in half the year. The Miami Herald reports via Crain’s Miami.
New Enterprise Florida Chief Hired
One of Governor Rick Scott’s Top Legal Advisers received the Final Nod on Monday to Lead Enterprise Florida, despite having little experience in the Economic Development Field. Arek Sarkissian reports for the Naples Daily News.
NAIC Urges Prompt Action On NFIP Reauthorization
The NAIC supports the Flood Insurance Market Parity and Modernization Act and facilitating the Growth of the State-Regulated Private Flood Market.
· Repeat Claims Inundate Federal Flood Insurance Program
Progressive Unveils Online Homeowners Insurance Comparison Shopper
Progressive is announcing a Tool called HomeQuote Explorer, an Online Platform that allows Homeowners to quickly Compare Home Insurance Quotes from Multiple Carriers. Insurance Journal reports.
Louisiana Plans Multiple Storm Mitigation Projects
Louisiana will spend nearly $277 Million in Federal Cash it received after last year’s Floods to fortify Communities against Future Disasters, mainly through Drainage Improvements and Buyouts of Flood-Prone Properties. Insurance Journal’s Melinda Deslatte reports.
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