Capitol to Courthouse Florida Insurance Report – Tuesday, April 12, 2016
Apr 12, 2016
Florida Leads Nation in Zika as CDC Confronts Threat
Florida health officials have been pretty successful controlling recent outbreaks of Dengue fever and the chikungunya virus. Zika is shaping up to be far more challenging, Ledyard King reports for the Tallahassee Democrat.
Heritage Seeks 14.9 percent Insurance Rate Hike
Florida’s fourth-largest homeowner insurer, Heritage Property & Casualty, is seeking an average 14.9 percent rate increase for former customers of state-run Citizens Property Insurance effective September 1, the Sun-Sentinel’s Ron Hurtibise reports.
Florida’s Citizens Insurance Policyholders Facing Rate Hikes
Nearly half a million Citizens Insurance policyholders can expect rate increases of close to 10 percent in the coming year, Mike Vasilinda reports via News4Jax.com.
Hoverboard Fire Leaves 3 Florida Apartments Damaged
Officials say three apartments sustained water damage from a sprinkler system after a hoverboard caught fire in an Orlando apartment building. The Associated Press reports via Insurance Journal.
New Florida Bar Section Boosts Animal Law
My client is a real animal!” For some attorneys, that’s a fact, not slander.
Owners of Building Housing State Agencies sue State of Florida over Leases
The owners of a controversial office building in Tallahassee that leases to several state agencies went to court Monday to try to block legislation requiring state workers to leave the facility, THE NEWS SERVICE OF FLORIDA reports via SayfieReview.com.
Georgia to Investigate Allstate Auto Rate Increase
A Georgia statewide rate increase of 25 percent on Allstate Property & Casualty Insurance Company policyholders has triggered a consumer alert from state Insurance Commissioner Ralph Hudgens, Insurance Journal reports.
Texas Windstorm Insurance Association Expert Panel to Meet April 14
The Texas Windstorm Insurance Association expert panel will hold a public meeting this week to inform the public about the progress of the panel’s work, to allow the public to observe the panel discussing its work, and to give the public an opportunity to comment and ask questions, Insurance Journal reports.
Federal Court Rules CGL Insurance Covers Data Breach
A federal appeals court in Virginia has upheld a lower federal court in ruling that a commercial general liability policy may cover a data breach. In a case involving the publication of private medical records on the internet, the courts found that coverage included in a CGL for personal and advertising injury applied. Insurance Journal’s Andrew Simpson reports.
Fitch Reports Low Interest Rates, Soft Market Pricing Hit London Market Insurers
The negative impact of low interest rates and soft market pricing on London market insurers has been partially offset by low levels of large claims, according to Fitch Ratings in a special Insurance Journal report.
RIMS: Employee Vs. Contractor Debate to Become Even Hotter
The employee vs. contractor debate has the potential to have a major impact on the insurance industry, according to a pair of experts speaking on the topic on Monday in San Diego, California. Insurance Journal’s Don Jergler reports.
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