Capitol to Courthouse Florida Insurance Report–Thursday, July 3, 2014
Jul 3, 2014
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Daily Florida Insurance-Related Events
There are no events scheduled for today.
Daily Florida Insurance-Related News
Task Force says South Florida sea level rise needs urgent action
South Florida’s coastal real estate may become uninsurable as the sea level rises unless Miami’s county government takes urgent action, a task force said on Tuesday. Reuters’ David Adams reports via the Chicago Tribune.
Florida House Speaker Will Weatherford (R-Wesley Chapel) announced yesterday that he re-appointed Chris Gardner to the Board of Governors for Citizens Property Insurance.
Florida’s Citizens Property Insurance rejects office space bids
Florida’s Citizens Property Insurance announced it is rejecting the four responses received for its Invitation to Negotiate for a consolidated Jacksonville operations center, the Jacksonville Daily Record reports.
State of Florida Rolls Out Plan for High-Stakes Pot Industry
Winners of Florida’s five, highly sought-after medical marijuana licenses could be selected through lotteries, according to a draft rule released late Wednesday by the Department of Health, THE NEWS SERVICE OF FLORIDA’s Dara Kam reports.
No Ruling on Lawsuit Over Florida Gay Marriage Ban
The oral arguments were made yesterday at a hearing over Florida’s six-year-old gay marriage ban, but Judge Sarah Zabel did not tip her hand which way she might rule, NBC-Miami reports.
Florida County Goes To Court Over Acid Fracking Near Everglades
In southwest Florida, county officials are fighting the state over a new oil drilling process that’s known by many different names: acidification, acidizing, acid stimulation and acid fracking, NPR’s Greg Allen reports.
Crist’s NASCAR racer brings GOP complaint
The shiny new Charlie Crist-sponsored racer in Saturday night’s Coke Zero 400 NASCAR race at Daytona International Speedway has drawn the critical eye of the Republican Party of Florida, Tampa Bay Times’ Steve Bousquet reports on the “Naked Politics” blog.
Crist on wife’s tax return: “Women have the right to choose”
Charlie Crist maintained on MSNBC a short while ago that he does not intend to release his wife’s tax return, as his gubernatorial opponent Rick Scott is demanding, Tampa Bay Times’ Alex Leary reports on “The Buzz” blog.
Governor, Lieutenant Governor get on “Save Cigar City” bandwagon
Florida Governor Rick Scott and Lieutenant Governor Carlos Lopez-Cantera on Wednesday dashed off a missive in defense of Tampa’s last large-scale cigar factory, Tampa Bay Times’ James Rosica reports on Scripps’ “Political Fix Florida” blog.
Will Weatherford Shows No Signs of Leaving Political Stage Despite Being Term-Limited
Even though he faces term limits in November, Florida House Speaker Will Weatherford, R-Wesley Chapel, shows no signs of heading to the sidelines as he continues to support Republicans in congressional and legislative races across the Sunshine State. Only 34, Weatherford is expected to be a future candidate for higher office, Kevin Derby reports for SunshineStateNews.com.
Florida makes Top 10 most corrupt U.S. states list
A new study from researchers at the University of Hong Kong and Indiana University estimates that corruption on the state level is costing Americans in the 10 most corrupt states an average of $1,308 per year, or 5.2% of those states’ average expenditures per year, Fortune Magazine reports.
Florida Ranks As the Most Expensive State to Get a Divorce
According to a database from FindTheBest.com, getting divorced is not only expensive, it’s not easy, either. Nevertheless, Florida ranks seventh in divorce rates in the U.S. Chris Joseph reports for New Times Broward.
State regulators on high alert for complex investment and insurance sales
Structured products, non-traded REITs and private placements just a few of the products under scrutiny, Darla Mercado reports for InvestmentNews.com.
An Uncertain Future Of The U.S. Terrorism Insurance Program
Some say that without the federal government providing a backstop on private insurance policies many major real estate transactions would grind to a halt. NPR’s Ilya Marritz reports.
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