Capitol to Courthouse Florida Insurance Report – Monday, July 18, 2016
Jul 18, 2016
Florida Insurance Chief David Altmaier Off To Good Start
If David Altmaier’s first two months are any indication, Governor Rick Scott and the Florida Cabinet were right to make Altmaier the State’s top Insurance Regulator, the Orlando Sentinel Editorial Board writes.
Mayor of Florida City Charged With Insurance Fraud, Suspended by Governor
Florida Governor Rick Scott has suspended from Office the Mayor of the Central Florida City of Tavares after he was charged with Insurance Fraud, the Associated Press reports via Insurance Journal.
Florida Insurers Seek Large Hikes For Long-Term Care
Premiums are expected to rise by a lot for thousands of Floridians who have insurance to cover the cost of staying in a nursing home or assisted living facility, CBS-Miami reports.
Consumer Advocate Seeks To Weigh In On Florida Life Insurance Challenge
State Insurance Consumer Advocate Sha’Ron James is seeking to file a friend-of-the-court brief in a constitutional fight about a new law that forces Life Insurers to take additional steps to determine if policyholders have died. THE NEWS SERVICE OF FLORIDA reports via WUSF.
Allstate and Allstate Agencies Seek to Bring More Than 300 Jobs to Florida
Allstate Seeks Nearly 65 New Agency Owners in Florida This Year; Agency Owners Projected to Hire More Than 250 Sales Professionals.
Florida Agents Putting New Law to Work to Attract Millennials to Insurance Careers
Florida insurance agents are trying to bolster the industry’s track record in attracting college graduates by employing a new state law that aligns college courses with the state’s licensing requirements, Insurance Journal’s Amy O’Connor reports.
AssuredPartners Announces Acquisition of Florida Insurance Specialists, LLC
AssuredPartners, Inc. is pleased to announce the acquisition of Florida Insurance Specialists of Lake Mary, FL in conjunction with Challenge My Rate.com. FIS focuses on personal insurance and has a reputation for quick closings and a niche for high value homes.
Lightning Destroys Lightning RV Supply Warehouse in Florida
The owner of Lightning RV Supply Company says he can’t believe the irony after his Southwest Florida Warehouse was destroyed by lightning, Insurance Journal reports.
Florida Players to Watch at GOP Convention
Florida’s 99 Delegates to the Republican National Convention are the third-most of any State. They include Public Officials, Donors, Party Activists and various GOP Insiders. Other prominent State Leaders will attend the convention to network or participate in the ceremonies. Zac Anderson reports for the Sarasota Herald-Tribune.
Which Way Florida Goes Hinges on Puerto Rican Voters
With a population of more than 20 million, Florida is the country’s largest swing state. And its population is changing — thanks to Puerto Rico. Greg Allen reports for NPR.org.
Florida’s First Medical Marijuana Crop Cut Up, Stored
Florida’s first legal harvest of marijuana is stored in multiple vacuum-packed, 441-gram bags in a freezer on the outskirts of Tallahassee. The Associated Press reports via FloridaPolitics.com.
Curing Florida’s Algae Crisis Will Take Time, Money, Science
The enormous algae outbreak that has coated swaths of Florida’s St. Lucie River with guacamole-like sludge is a man-made affliction, arising from political and economic decisions made over the past 140 years. The Associated Press reports via FloridaPolitics.com.
As Florida Banks Get Stronger, Many Customers are Still Waiting to Reap the Benefits
Local Bankers say the Market has gotten more competitive — as long as you’re in the pool of customers with good credit who meet higher Regulatory Standards. Jeff Harrington reports for the Tampa Bay Times.
Jacksonville State Attorney Race Leads to Unusual Donor Support of Challenger Over Incumbent
The race for the 4th Judicial Circuit state attorney is one of the biggest local elections going on this year. But for many long-time political observers in Jacksonville, it is a unique race that hasn’t occurred before. Larry Hannan reports for the Florida Times-Union.
Treasury Adopts 2% Auto Insurance Affordability Index
Insurers say the Index is too simplistic to truly measure affordability, Insurance Journal reports.
Homeowner Sued for $25 Million over California Wildfire
The Federal Government sued a homeowner for nearly $25 million on Thursday, contending his negligence sparked a 2013 fire in the mountains east of Los Angeles that forced 5,000 people from their homes. The Associated Press reports via CapitalPress.com.
Who is an “Insured” in the Homeowners’ and Personal Auto Policy?
Just because a person lives in the house does not mean he is an insured under the Homeowners’ or Personal Auto Policy, Insurance Journal’s Christopher Boggs explains.
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