Capitol to Courthouse Florida Insurance Report: Monday, July 13, 2015
Jul 13, 2015
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Daily Florida Insurance-Related Events
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There are no insurance-related events scheduled for today.
Daily Florida Insurance-Related News
Hurricane Dennis: PCI remembers 10-year anniversary
The Property Casualty Insurers Association of America (PCI) is remembering the lives lost and those who were significantly impacted by the aftermath of Hurricane Dennis nearly 10 years ago this PCI’s Brooke Kelley-Hunt takes a look back in the Tallahassee Democrat.
Ride service Uber negotiates patchwork regulations in Florida
After the Florida Legislature failed to pass state regulations on ride-sharing companies such as Uber and Lyft, local government and businesses have taken regulation into their own hands. Kate Irby reports for the Bradenton Herald.
Florida Fraud Case Featured on A&E Series
The Florida Division of Insurance Fraud was featured this weekend on A&E’s newest series, American Takedown, Insurance Journal reports.
Canady Dissent in Redistricting Case Shows Stark Divide in Florida Supreme Court
The Florida Supreme Court made a groundbreaking decision to order the redrawing of several congressional districts on Thursday, but not all of the Justices were onboard with the split ruling. Allison Nielsen analyzes the ruling for SunshineStateNews.com.
- These Florida Senators can probably kiss their districts goodbye
- Court limited options for Legislators on redistricting and they remain silent about plans
- Will GOP-led Legislature appeal gerrymandering case?
- In wake of historic redistricting decision, here are maps! maps! maps! detailing the possible changes
- Court ruling spices up Florida’s U.S. Senate race
- Florida’s dueling justices
Slow fundraising month for Florida Legislature seats
A moratorium on fundraising while the Florida Legislature met in June during a special session meant little time to fundraise for most incumbents as they prepare for re-election next year, new state finance records show. The Tampa Bay Times’ Jeremy Wallace reports via “The Buzz” blog.
- Galvano kicks in big money to help Senate Republicans
- Is Bill Galvano the de facto Senate President Designate?
Floridians’ purses pinched as lawmakers tout tax cuts
Governor Rick Scott and lawmakers for both parties are touting cable and phone tax cuts signed into law last month, but many Floridians will likely see those savings eaten up by higher costs for a variety of everyday expenses next year. The Orlando Sentinel’s Gray Rohrer reports.
Broward family seeks to have well drilling on its property on the edge of the Everglades
A South Florida family that made its fortune in real estate asked the state this week to drill an exploratory oil well in marshes just west of Broward County suburbs, marking the first time the search for Everglades crude has extended so far east. Jenny Staletovich reports for The Miami Herald’s “Naked Politics” blog.
Bank of England to Rule on Risk Models as Insurers Prepare for Solvency II
The Bank of England will issue its verdict in December on the models insurance companies use to quantify risk and determine capital requirements as the industry prepares for the new European Union rules known as Solvency II. Bloomberg’s Sarah Jones reports via Insurance Journal.
Texas Seeking Applications for Windstorm Insurance Association Board
The Texas Department of Insurance is accepting applications for the Texas Windstorm Insurance Association board of directors after the makeup of the board was changed by the 84th Legislature, Insurance Journal reports.
Insurance issues arising from Colorado disasters bring little regulatory change
The Colorado Division of Insurance, the regulatory agency charged with protecting consumers, has emerged from years of wildfires and floods with few tools to help it track market health in the state, and remains relatively powerless. Ryan Maye Handy reports for the Colorado Gazette.
New York Court: Insurer’s $5M Flood Sub-Limit Applies to Delay-in-Completion Loss
The New York Supreme Court’s Appellate Division affirmed that a $5 million flood sub-limit in a builders risk policy that Zurich American Insurance issued to a New York property developer applies to the delay-in-completion losses by the flood peril after Superstorm Sandy. Insurance Journal reports.
Parks Named Acting Nevada Insurance Commissioner
Amy L. Parks has been appointed acting insurance commissioner of Nevada, Insurance Journal reports.
Louisiana Citizens Bonds Set for Sale this Week
The U.S. Treasury’s schedule of financing this week includes Monday’s auction of new three- and six-month bills and an auction of four-week bills on Tuesday, the New York Times reports.
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