Capitol to Courthouse Florida Insurance Report – Monday, January 30, 2017
Jan 30, 2017
Miami Beach to Begin New $100 Million Flood Prevention Project in Face of Sea Level Rise
With Miami Beach set to break ground this year on the most ambitious piece yet of its aggressive Anti-Flooding Project, some Homeowners are worried that raising streets to keep them dry will cause flooding on their properties. Joey Flechas reports for the St. Augustine Record.
Couple Alleges Liberty Mutual Fire Insurance Co. Did Not Pay Sinkhole Coverage Loss in Full
A Winter Springs Couple claims their Insurer did not properly reimburse them for damage caused by a Sinkhole. Noddy A. Fernandez reports for the Florida Record.
We could do better in making Tallahassee safer for the next big blow, the Tallahassee Democrat’s Editorial Board writes.
Doctors Want Insurance Companies To Get Out Of Their Way
The Florida Medical Association released its Legislative Priorities for 2017; removing interference by insurance companies in Doctor’s decisions about Patient Care is prominent on the List. Michael Moline reports for FloridaPolitics.com.
Titusville Break Leaks 14,000 Gallons of Sewage into Indian River Lagoon
A broken sewer pipe released 14,000 Gallons of Raw Sewage on Tuesday into a storm water system that flows to the Indian River Lagoon. Jim Waymer reports for FloridaToday.com.
Florida Governor Scott To Roll Out His Spending Plan
Scott plans to release details of his Spending Plan on Tuesday during the Annual Legislative Planning Session hosted by The Associated Press.
House joins Joe Negron’s Higher Ed Program
The House is now on board with Senate President Joe Negron‘s Higher Education Priorities, FloridaPolitics.com reports.
Only Trump Florida Infrastructure Project Was Already Funded
Florida’s Transportation Agency confirmed Friday that the only State Project on a list of infrastructure improvements the Trump Administration is thinking about backing — the reconstruction of Interstate 395 in Miami — is in fact already fully funded and ready to go. The Miami Herald’s Andres Viglucci reports via “The Buzz” blog.
Feud Over Manatee Charter Government Could Flare Again
A bitter fight over making Making Manatee County a Charter Government and providing voters with a greater say in how it functions could be renewed, the Sarasota Herald-Tribune’s Dale White reports.
Trump’s Rule Freeze Hits Efforts to Combat Fraud in Medicare and Medicaid
The Trump Administration has hit pause on rules meant to strengthen oversight and reduce Fraud in the Medicare and Medicaid Programs. Virgil Dickson reports for Modern Healthcare.
Another Major Insurer Agrees to California Death Master File Settlement
California Insurance Commissioner Dave Jones today announced a Multistate $1.5 Million Settlement Agreement with RiverSource Life Insurance Company, a wholly owned subsidiary of Ameriprise.
Texas Department of Insurance Seeks Public Members for Quaranty Boards
The Texas Department of Insurance is accepting applications through March 1 for Public Members of Two Boards.
California Surplus Lines Are Now a Bigger Chunk of the Commercial Market
The phrase “New Normal” might be a cliché, but it was too hard for Ben McKay, Executive Director of the Surplus Lines Association of California, to avoid using when describing the State’s Excess and Surplus Market in 2016 and going forward. Insurance Journal’s Don Jergler reports.
When related Parties transfer assets, there is the risk of making or losing money. OECD provides Guidance on how to allocate risk, but the U.S. Government Accountability Office found that the guidance doesn’t adequately account for who bears the risk.
How State Insurance Regulators May Help Insurers Innovate
Changes at the State Level, within State Insurance Departments, will not be a direct result of the New Administration coming into power in Washington, Susanne Sclafane reports for Insurance Journal.
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