Capitol to Courthouse Florida Insurance Report – Thursday, February 25, 2016
Feb 25, 2016
Florida stews under costliest U.S. insurance despite 10-year storm lull
Hurricanes may have swerved away since 2005, but Florida’s homeowners still are taking direct hits on the wallet. Charles Elmore reports for the Palm Beach Post.
Florida Senators delve into assignment of benefits insurance controversy
A new effort is underway in the Florida Senate to further regulate a controversial practice that property insurers say is leading to rate increases. THE NEWS SERVICE OF FLORIDA’s Jim Turner reports via the Tampa Tribune.
Governor Scott tours Tornado Damage in Century, Pensacola
After touring Tuesday night’s tornado damage in Pensacola, Gov. Rick Scott headed north to see the recovery efforts from last week’s EF-3 tornado, Escambia.com reports.
Florida’s former Insurance Commissioner and Chief Financial Officer Tom Gallagher will join a slate of other luminary speakers at the International Association of Insurance Receivers Annual Insolvency Workshop today in Amelia Island, Florida.
Scott signs “Backyard Gun Range” measure, 8 other bills into law
Surrounded by a group of police chiefs, Gov. Rick Scott signed into law a measure dubbed the “backyard range” bill, intended to restrict the recreational discharge of a firearm in certain residential areas. THE NEWS SERVICE OF FLORIDA’s Jim Turner reports via the Palm Beach Post.
Jobs or corporate welfare? Florida House approves incentives
Despite opposition from some top Republicans, Gov. Rick Scott on Wednesday won approval from the Florida House to overhaul the state’s business incentive program. The Associated Press’ Gary Fineout reports via the Tampa Tribune.
House plan to move some government workers to a 401k-style investment plan faces trouble
The House passed a plan yesterday to assign government workers who are new enrollees in the Florida Retirement System to a 401k-style investment plan if the employees don’t choose the traditional state pension after nine months on the job. Arek Sarkissian reports for the Naples Daily News.
Could Rick Scott be Donald Trump’s running mate?
With another win under his belt at Tuesday’s Nevada caucus, there’s a lot of talk about Donald Trump’s vice presidential pick. Dacia Johnson reports for TCPalm.com.
Did Florida’s Black Caucus and House Leadership Play “Let’s Make a Deal?”
You could tell something was up immediately after Tuesday’s House Session, writes Florida Times-Union’s Tia Mitchell on the “PolitiJax” blog.
President of USAA Property and Casualty Insurance Group to Retire
Alan Krapf, president of San Antonio-based USAA Property and Casualty Insurance Group, has announced his intention to retire, Insurance Journal reports.
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