Capitol to Courthouse Florida Insurance Report – Friday, September 02, 2016
Sep 2, 2016
Hermine Won’t Blow Over the Property Insurance Industry
Wall Street insurance analysts have been putting out notes over the past few days saying that the cost of the damage inflicted by the storm is likely to be manageable for the property-insurance industry, the Wall Street Journal’s Leslie Scism reports.
Florida’s losses from a big hurricane could reach a mind-blowing $200 billion
Flooding in Tampa Bay alone could amount to $175 billion in damage, Darryl Fears reports for the Washington Post.
Florida Supreme Court plunges into expert witness debate
After a lobbying battle between some of the most-powerful interests in the Capitol, the Legislature in 2013 approved a law that tightened a standard for expert witnesses who testify in court cases. THE NEWS SERVICE OF FLORIDA’s Jim Saunders reports via SayfieReview.com.
Storm Surge Flooding Map Based on Hermine Flooding
The National Hurricane Center released a projected flood inundation map based on this morning’s 5 a.m. Hurricane Hermine Advisory.
Hermine insurance tips from Florida “Master of Disaster”
Chip Merlin, founder of the Merlin Law Group in Tampa and dubbed the “Master of Disaster” by the Tampa Bay Times for post-catastrophe tangling with insurers, released a pre-hurricane tip sheet for Floridians, FloridaPolitics.com reports.
Security First Educates Floridians on How to Prepare Now For Hurricane Hermine
Security First Insurance has launched the industry’s first hurricane tracker app “Security First Mobile.” The interactive tool is free and available to customers and the general public on iTunes and Google Play or at http://www.securityfirstflorida.com/mobile.
Policyholders question new trend in insurance, managed repair
Insurers like Florida Peninsula help keep rates down through managed repair programs, Jackie Callaway reports for WFTS-TV, Tampa Bay.
Florida pain clinic to pay $7.4M for Medicare fraud
A company that runs pain clinics in northeast Florida will pay the federal government $7.4 million after an investigation found that it was fraudulently billing Medicare for unneeded patient drug tests.
Tests Confirm Mosquitoes in Miami Beach Are Carrying Zika Virus
Florida announced on Thursday that, for the first time, mosquitoes in Miami Beach had tested positive for the Zika virus, a disappointing confirmation that the virus is still active in the area. The New York Times’ Sabrina Tavernise reports.
Recounts ordered in SD 19, circuit judge race
After narrow margins in Tuesday’s primary elections, Secretary of State Ken Detzner late Thursday ordered machine recounts in the races for a Tampa Bay Senate seat and a Northeast Florida judgeship. THE NEWS SERVICE OF FLORIDA reports via SayfieReview.com
September is National Preparedness Month, Feds Say “Don’t Wait. Communicate.”
Disasters don’t always occur when we are together with our family and friends, and so it’s important to take time now to plan what you will do in an emergency, FEMA says.
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