Capitol to Courthouse Florida Insurance Report – Thursday, February 22, 2018
Feb 22, 2018
Miami Roofing Company Owners Arrested Over $1 Million Workers’ Comp Scam
Owners of a Miami roofing company have been accused of concealing nearly $1.2 million in payroll on their workers’ compensation policy renewal application in an alleged attempt to illegally lower their premium costs, according to Chief Financial Officer Jimmy Patronis, Insurance Journal reports.
Prospects for PIP repeal dive as Florida Senate panel disdains the legislation
The Senate is holding out for a $5,000 per year “med pay” mandate. The House is resisting, FloridaPolitics.com’s Michael Moline reports.
Gone With The Wind: Storms Deepen Florida’s Beach Sand Crunch
With the longest coastline of any mainland U.S. state, more money and time is spent fixing up Florida’s shores – widening and building dunes – than in any other state. Reuters’ Laila Kearney reports via Insurance Journal.
Federal law requires banks to allow mortgage-holders to defer up to one year of mortgage payments to the end of the mortgage if the home is inside a disaster area, which South Florida was, WSVN.com’s Patrick Fraser reports.
Demands for action intensify at huge rally at Florida’s Capitol
Largest protest in nearly two decades draws thousands to Tallahassee, the Tampa Bay Times’ Steve Bousquet, Lawrence Mower, Emily L. Mahoney and Mary Ellen Klas report for “The Buzz” blog.
Richard Corcoran to teens: Gun legislation “on the table”
Corcoran, a Land O’ Lakes Republican, and other House members met with dozens of teens who attend the Broward County high school in a midday meeting on the House floor. Jim Rosica reports for FloridaPolitics.com.
The Broward School District’s security cameras did not provide real-time video for police, complicating their efforts to track and pin down the shooter, the Sun Sentinel’s Lisa J. Huriash, Stephen Hobbs and Megan O’Matz learned.
House opioids bill passes final committee
A Senate version has passed all its committees but Senator Lizbeth Benacquisto said the bill remains a work in progress, the Associated Press reports via the Lakeland Ledger.
Former Florida State Representative Robert Wallace jumps from Tampa overpass
Wallace, known to many as Rob, served in the state House representing northwest Hillsborough and northern Pinellas counties, beginning in 1994, when he collected signatures to get on the ballot and then beat an incumbent who outspent him. Jonathan Capriel and Tony Marrero report for the Tampa Tribune.
PCI backs measure to limit duplicative federal oversight of insurance
A Federal Reserve insurance regulation duplicating state oversight for insurers that meet sufficient capital standards would be curtailed in a bill filed by U.S. Representatives Keith Rothfus, R-Pa., and Joyce Beatty, D-Ohio. The PCI SmartBrief notes the story from Financial Regulation News.
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