Capitol to Courthouse Florida Insurance Report – Monday, August 08, 2016
Aug 8, 2016
Remember the Flood Insurance Scare of 2013? It’s Creeping Back into Tampa Bay and Florida
The Tampa Bay Times’ Jeff Harrington recollects that three years ago, Tampa Bay was roiling over massive Flood Insurance Rate Hikes.
Florida Has Been Hurricane Free, But Still the Insurance Rates Go Up
Florida’s good fortune should have translated into Falling Property Insurance Rates for consumers. However, inaction by the Legislature has kept Premiums Unnecessarily Inflated, Christian Camera writes in this Tampa Bay Times Editorial Opinion.
Novel Health Insurance Plan Cancels 2017 South Florida Debut
Weeks after announcing a new “Relationship-Based” Health Insurance Plan that would provide patients unlimited access to Health Coaches and Primary Doctors with No Co-Pay, Harken HealthInsurance withdrew its Application to open in South Florida in 2017, the Sun-Sentinel reports.
Palm Beach Startup Offers Telemedicine to California Students
Boynton Beach Telemedicine Company LifeMD has landed a Contract it hopes will earn it an “A” Grade with Schools and other users. Marcia Heroux Pounds reports for the Sun-Sentinel.
Scott Responds to Florida Budget Cuts for Mosquito Control, Says Dollars “Better” Allocated
Republican Governor Rick Scott on Sunday defended cutting some State Funding in Florida to pay for Mosquito Control amid increasing cases of the Zika Virus in his State. Patrick Temple-West reports for Politico Florida.
- Florida Keys Alert: Zika-Fighting Genetically Created Mosquitoes Good to Go
- Governor Scott says Florida Still a “Safe State” as Zika Travel Advisories Begin to Target the State
- Florida Officials Go Into Damage-Control Mode Over Zika
- Rick Scott Updates Lawmakers on Zika Outbreak
Campaign for Florida Medical Marijuana Trumps No on 2 Donations Nearly 700 to One
The fight over Medical Marijuana has raked in big money from both supporters and opponents of the Constitutional Amendment, but far more donations have come from the campaign fighting for Medical Marijuana in Florida than those fighting against it. Allison Nielsen reports for SunshineStateNews.com.
Licenses to Build Guns Skyrocket in Florida
Florida has more Gun Manufacturers than any other state except Texas, after a surge of nearly 350 percent in Licenses for gun makers fueled by the Nation’s growing demand for firearms, the Tallahassee Democrat reports.
Texas Surplus Lines Stamping Office Using Data to Better Communicate with Stakeholders
Surplus Lines may not be the most widely understood segment of the Property/Casualty Insurance Industry but for Risk Managers of Large Organizations it’s often the Go-To Market for complicated risks for which Standard Insurance Markets have little appetite. Stephanie K. Jones reports for Insurance Journal.
Insurance Industry Feels Tremor of Catastrophe Bonds
Catastrophe Bonds, invented some 20 years ago to help Insurance Companies mitigate the risk of disasters such as hurricanes and earthquakes, are currently wreaking a similarly disruptive effect across the industry they were designed to protect. The Wall Street Journal’s Wale Azeez reports via “The Morning Ledger” blog.
Litigation Funding Goes Mainstream
Once reserved for Hedge Funds and other Deep-Pocketed Investors, Litigation Funding is moving into the Mainstream through startups like LexShares in Boston and Los Angeles-Based Trial Funder Inc., a Website that raises funding for Personal-Injury and Civil-Rights cases, the Wall Street Journal’s Sara Randazzo reports.
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