Capitol to Courthouse Florida Insurance Report – Thursday, March 02, 2017
Mar 2, 2017
Florida Senate: Higher Workers’ Comp Rates Here to Stay
Republican Rob Bradley of Fleming Island says his goal is rate stabilization. Jim Ash reports for WUSF.
Attorneys’ fees protected in rival insurance claims reform bill
Freshman Senator Gary Farmer, a Fort Lauderdale-based attorney and former president of the trial attorneys’ trade organization Florida Justice Association, is offering an alternative to a bill supported by the insurance industry that would bar trial attorneys from collecting fees in thousands of lawsuits against insurers. Ron Hurtibise reports for the Sun-Sentinel.
Here is the size of Airbnb’s footprint in the city of Miami
As of late last week, about 2,300 people have been active hosts on the home-sharing platform for the past year, according to data Airbnb provided to the Miami Herald. Chabeli Herrera reports.
Senator Lee Files Florida Continuing Care Legislation
Senator Tom Lee (R-Thonotosassa) announced today the filing of the “Protecting Florida Seniors from Financial Fraud Act,” designed to safeguard Floridians living in Continuing Care Retirement Communities.
Mosaic promises to seal sinkhole by summer
The project, which includes a water treatment process that costs $1 million per month after putting in place $10 million infrastructure, is expected to cost between $50 million and $70 million. Hannah Morse reports for the Bradenton Herald.
Scott ally Beruff to lead Constitution Revision Commission
Governor Rick Scott has tapped Bradenton home builder Carlos Beruff to chair the Constitution Revision Commission, a powerful post for the governor’s political ally. THE NEWS SERVICE OF FLORIDA’s Dara Kam reports via SayfieReview.com.
Florida Supreme Court upholds ban on openly carrying guns
The Florida Supreme Court says there’s nothing wrong with a state law that bans openly carrying handguns. The Associated Press reports via FloridaPolitics.com.
Dueling Florida lawmakers face long list of issues
The session will open amid intense in-fighting among Republican leaders, bringing concerns about a budget meltdown and overtime at the Capitol. Dan Sweeney and Gray Roherer report for the Orlando Sentinel.
Jeff Brandes and Kathleen Peters file legislation to limit the release of sewage discharges
Following the dumping of millions of gallons of raw and partially treated sewage into Tampa Bay, Clam Bayou and other waterways by local governments in 2016, two state lawmakers filed legislation Thursday to incentivize local governments and private utilities to dedicate more resources to improving their sewage infrastructure. Mitch Perry reports for FloridaPolitics.com.
Insurance Agency Manager McVey Named West Virginia Insurance Commissioner
West Virginia Governor Jim Justice, who was elected this past November, has appointed BB&T Insurance Agency Manager Allan L. McVey to serve as West Virginia’s Insurance Commissioner, effective April 1, Insurance Journal reports.
Texas High Court Finds for Insurer in D&O Coverage Dispute
The Texas Supreme Court recently ruled in favor of an insurer in a case that hinged on the applicability of an insured-v.-insured exclusion in the carrier’s directors and officers liability policy. Stephanie K. Jones reports for Insurance Journal.
Pennsylvania Court Approves Liquidation of Two Insurance Companies
The Commonwealth Court in Pennsylvania has approved petitions to liquidate Penn Treaty Network America Insurance Company and American Network Insurance Company, with policyholder claims set to be paid through the state guaranty association system subject to statutory limits and conditions, Insurance Journal reports.
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