Capitol to Courthouse Florida Insurance Report: Friday, March 27, 2015
Mar 27, 2015
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Daily Florida Insurance-Related Events
There are no insurance-related events scheduled for today.
Daily Florida Insurance-Related News
State Representative Frank Artiles: Florida Cabinet must say No to higher insurance rates
The proposed transfer of $2.2 billion in risk from the Florida Hurricane Catastrophe Fund to the private reinsurance market is nothing more than corporate welfare and will lead to higher property-insurance rates, says State Representative Frank Artiles in this letter to the Miami Herald.
Study: Florida beach property values depend on feds
Oceanfront property values on the East Coast could plummet if Congress suddenly pulled the plug on beach nourishment funding and state and local government had to foot the bill, a new study found. Jim Waymer reports for FloridaToday.com.
House Uber bill preempting Orlando’s fees heads to floor
Vehicle fees and minimum fare rates imposed in Orlando recently on cell phone app companies like Uber and Lyft that connect riders with drivers could be eliminated in a bill gaining momentum in the Legislature. Orlando Sentinel’s Gray Rohrer reports for the “Central Florida Political Pulse” blog.
Gutted Bill Restricting Red-Light Cameras Advances as Turn-On-Red Penalty Is Restored
The heart of State Representative Bryan Avila’s proposing to restrict the use of red-light cameras was its turn-on red provision: the bill would have ended tickets issued for such turns, except when an actual law enforcement officer issues them, FlaglerLive.com reports.
Florida teacher liability insurance advances, but union says it’s a waste
A proposal to require the state to provide liability insurance to protect public school teachers has received strong support, despite opposition from the state’s largest teachers union, Jenna Buzzacco-Foerster reports for the Tampa Tribune.
Speaker Crisafulli confirms many House bills are dead for 2015 Session
Substantive House committees held their last rounds of meetings this week and Florida House Speaker Steve Crisafulli said on Thursday he doesn’t plan on allowing them to meet in the second half of the Session. SaintPetersBlog.com’s Christine Jordan Sexton reports.
St. Pete-area business leaders hear predictions of overtime Session
A visiting delegation of local business leaders from Pinellas County got insights Thursday on where the 2015 session might be headed. The Pinellas Chambers Legislative Coalition heard Sen. Jack Latvala of Clearwater predict that a “vast gap” between the Senate and House over health care spending will force the session into overtime. The Tampa Bay Times’ Steve Bousquet reports via “The Buzz” blog.
Florida House, Senate on Different Gambling Tracks
Florida House and Senate leaders are taking divergent approaches to the perennially thorny issue of gambling, with the House vetting a soup-to-nuts gaming measure Thursday even as the Senate pursues negotiations with the Seminole Tribe of Florida. THE NEWS SERVICE OF FLORIDA’s Dara Kam reports via SunshineStateNews.com.
New FEMA Guidelines Force the Climate Change Issue
The Federal Emergency Management Agency is making some waves with a new requirement that forces states to take into account the possible impact of climate change in their risk assessments before they can receive certain assistance, Insurance Journal’s Don Jergler reports.
When Cybersecurity Meets Geopolitics
The cybersecurity industry is growing more provincial as digital warfare has become a routine part of statecraft. To investigate and clean up after an attack, corporate hacking victims typically must choose among a handful of companies, each with ties to a national or super-national government, in the U.S., Europe or Russia. Dow Jones News’ Danny Yadron reports via Advisen.com.
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