Capitol to Courthouse Florida Insurance Report – Monday, January 23, 2017
Jan 22, 2017
Florida Home Insurance Costs Lead Nation Again
Florida once again has the Nation’s Costliest Home Insurance, a new report shows. That’s all the more reason for Consumers to know more about their options in the updated The Palm Beach Post Property Insurance Guide, available today, the Palm Beach Post’s Charles Elmore reports for the “Protecting Your Pocket” blog.
· Storms, Water Claims Shake Insurance Market — But Palm Beach Post Guide Can Help
Rick Scott’s Environmental Protection Chief Resigns
Jon Steverson’s Agency was criticized for not telling the Public about a sinkhole at Mosaic’s Mulberry Phosphate Plant last year, the Tampa Bay Times’ Craig Pittman reports via “The Buzz” blog.
New Rules Add More Layers to House Speaker Race
Florida House of Representatives Members serving their First Full Term agreed not to select a Leader until after the 2017 Session, or May at the earliest. Tia Mitchell reports for the Florida Times-Union.
Craig Fugate’s Political Trifecta
With a changing of the Guard Friday in Washington, D.C., Craig Fugate noted his unique background of running Florida’s Division of Emergency Management under Governors Jeb Bush and Charlie Crist, and heading the Federal Emergency Management Agency under President Barack Obama, THE NEWS SERVICE OF FLORIDA reports.
Florida House Bill Would Close FRS Defined Benefit Plan To New Cities
House Bill 353, Filed in the Florida House Monday, would Foreclose Enrollment in the Florida Retirement System’s defined Benefit Plan to any City not currently involved. FloridaPolitics.com’s A.G. Gancarski reports.
Brightline Train Begins Test Runs in Palm Beach County
Several weeks of practice runs are designed to gauge the performance of the train, the tracks and the computerized sensors that activate the railroad crossing signals. Wayne Roustan reports for the Sun-Sentinel.
Sarasota Surprising Focus For AG Commissioner Race
Tourists and Retirees have long since replaced cows and oranges as the drivers of the Region’s Economy. Sarasota is much better known for its beaches these days than for big groves and ranches. Zac Anderson reports for the Sarasota Herald-Tribune.
Lee Again Faces Decision About Which Office To Seek
State Senator Tom Lee, once R-Brandon but now R-Thonotosassa, is again facing a decision about his political future and one that could create substantial local political complications. The Tampa Bay Times’ William March notes his conundrum.
How Puerto Ricans are Changing the Face of Florida
As the Puerto Rican Economy worsens, resettlement in the United States is skyrocketing, especially to Florida, which many on the Island view as more suitable than the traditional migration sites of New York, Philadelphia and Chicago. Alfonso Chardy reports for the Miami Herald.
In Florida House, Cyndi Stevenson Negotiates St. Johns County’s Growing Pains
FloridaPolitics.com’s A.G. Gancarski caught up with State Representative Cyndi Stevenson this week at the St. Johns Legislative Delegation Meeting.
Missile Failure Off Florida? British Leader Won’t Say
The British Government is being accused of concealing the failure of an Unarmed Ballistic Missile Launch ahead of a Debate in Parliament over whether to refurbish the Country’s aging Trident Nuclear Launching System. The Associated Press reports via the Orlando Sentinel.
Trump Administration Halts Obama Cut in Mortgage Insurance Premiums
Private Insurers, which back loans guaranteed by Mortgage-Finance Companies Fannie Mae and Freddie Mac, compete with the FHA for Market Share and have been critics of Fee Cuts in the past. Bloomberg’s Joe Light reports via Insurance Journal.
The effect of the Executive Order will be to create uncertainty in Health Insurance Markets as to whether the Federal Government will enforce critically important provisions of the Affordable Care Act, Commissioner Jones explained.
Massachusetts Court Reminds Auto Insurers of Importance of Retail Book Value
A Massachusetts Appeals Court used a recent Case to warn Auto Insurers that it is important to take Retail Book Value into consideration early in the Settlement Process. Elizabeth Blosfield reports for Insurance Journal.
The election of Donald Trump as President and a Republican Majority in both Houses of Congress will bring about a unique opportunity to re-examine the Regulatory Framework for Insurance, National Association of Professional Insurance Agents’ John Gentile tells National Underwriter’s PropertyCasualty360.com.
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