Capitol to Courthouse Florida Insurance Report: Friday, June 5, 2015
Jun 5, 2015
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Daily Florida Insurance-Related Events
There are no events scheduled for today.
Daily Florida Insurance-Related News
Florida Risk Tops CoreLogic U.S. Storm Surge Analysis
Six states account for more than three-quarters of all at-risk homes nationally in terms of storm surge. Florida has the highest total number of properties at various risk levels (2,509,812), followed by Louisiana (760,272), New York (464,534), New Jersey (446,148), Texas (441,304) and Virginia (420,052), CoreLogic reports.
- Nearly 500,000 Southwest Florida homes in storm surge risk zones
- Palm Beach has $2.8 billion in home value at risk of storm surge
Governor Scott called “out of touch” for veto on unanimous Citizens Property Insurance bill
Governor Rick Scott’s first veto of the year came as a letdown to a South Florida legislator who pushed for safeguards for customers of state-run Citizens Property Insurance — legislation that passed without a dissenting vote. Charles Elmore reports for the Palm Beach Post.
Florida House set to kill Senate health plan after floor blistering Thursday
House Republicans took turns Thursday questioning the Florida Senate’s health-care expansion in a prelude to Friday’s expected vote to finally kill the proposal that has divided lawmakers for months. John Kennedy reports for the Palm Beach Post.
- House digs in against health plan, pivots to budget
- House prepares to deliberate its health care “cost containment” bills next week
Legislative Analyst: House Medicaid stance could cost state $18 billion
With the Florida House poised to deliver a final blow to Medicaid expansion, legislators will also be turning their backs on a significant economic boost to the state, Lloyd Dunkelberger reports for the Gainesville Sun.
Texas Windstorm Insurer Highlights Improvements Made Since 2011
Texas windstorm insurer of last resort for coastal counties has released its annual report, which it says shows the practices and procedures of the organization have improved greatly since 2011, Insurance Journal reports.
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