Capitol to Courthouse Florida Insurance Report – Thursday, August 04, 2016
Aug 4, 2016
Receives Authorization to Add Fire, Commercial Multi-Peril, and Other Liability Lines of Business in Florida.
Wife of Accused Insurance Fraudster Who Faked Death Pleads Guilty in Florida
The wife of a Florida Businessman who Authorities say faked his own death to defraud Insurance Companies has pleaded Guilty to Conspiracy to commit Wire and Mail Fraud. The Associated Press reports via WCTV.
Miami Agent Gets 2-Year Prison Sentence for Issuing Fake Insurance Policies
A former Insurance Agent in Miami has been convicted and sentenced to prison on multiple felony charges, including creating Fake Insurance Documents for his clients, Insurance Journal reports.
AmWINS Completes Acquisition of Private Client Group in Florida
Special Insurance Broker AmWINS Group Inc. said it has completed its Acquisition of the Acquisition of Private Client Insurance Group, a Palm Beach Gardens, Florida-Based Wholesale Broker specializing in Personal Lines Insurance for high net worth individuals, Insurance Journal reports.
Florida’s $82 Billion Tourism Industry Braces for Zika
After enduring the years of ups and downs that came with being a part of Wynwood’s transformation from a struggling warehouse district into Miami’s hot new neighborhood, the restaurateur Ivette Naranjo thought the worst was behind her. The New York Times’ Karen Schwartz reports.
- Scammers, Bug Spray Companies Capitalizing on Zika Fears
- Rick Scott Orders Free Zika Testing for Pregnant Women
Florida Senate Democratic Leader’s Exit Sparks Primary Battle
Three black Politicians are pitted against a wealthy newcomer in one of this election season’s most closely watched Senate Democratic Primaries. THE NEWS SERVICE OF FLORIDA’s Dara Kam reports via the “Politics in Polk” blog.
Primary Proposal Could Boost Solar Energy
Florida Voters will be asked Aug. 30 to extend to Commercial and Industrial Properties a Renewable-Energy Tax Break that Residential Property Owners already enjoy. THE NEWS SERVICE OF FLORIDA’s Jim Turner reports via the Ocala Star Banner.
Floridians Have Cut Landlines in Half Since 2011
Florida residents and businesses are continuing to get rid of traditional telephone landlines as they rely on wireless phones and internet technology, according to a State Report released Friday, FlaglerLive.com reports.
Judge: Controversial Card Games Violate Florida Law
In a decision that could have wide-ranging implications for Pari-Mutuels throughout the State, an Administrative Law Judge ruled Monday that the way “Designated-Player” card games are being operated by a Jacksonville Poker Room violates the State’s ban on so-called Banked Card Games. THE NEWS SERVICE OF FLORIDA’s Dara Kam reports via SunshineStateNews.com.
Bermuda Insurer Expands into US Admitted Insurance Market
Surplus lines insurer Watford Specialty Insurance Co. said Monday that it has acquired Professionals Direct Insurance Co. as part of its strategy to expand in the United States. Joyce Famwakinwa reports for Business Insurance.
Captive Insurers in Strong Position, A.M. Best Says
Captive insurance Companies rated by A.M. Best ended 2015 in strong form, recording Pretax Operating Income of $1.4 Billion, a 13.5 percent increase over 2014, according to a new A.M. Best special report.
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