Capitol to Courthouse Florida Insurance Report: Tuesday, August 4, 2015
Aug 4, 2015
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Daily Florida Insurance-Related Events
There are no insurance-related events scheduled for today.
Daily Florida Insurance-Related News
After day of flooding, road closings, evacuations, worst may be over for Tampa Bay area
The National Weather Service issued flood warnings for parts of Pasco, Pinellas and Hillsborough early Monday as several more inches of rain battered Tampa Bay, the Tampa Bay Times reports.
Citizens Property Insurance data shows that, on an average statewide basis, 33.1 percent of every premium dollar goes to pay water damage claims and their corresponding adjustment expense, Colodny Fass’ Donovan Brown notes in NationalInsuranceNews.com.
Destin taxi driver files federal lawsuit against Uber and Lyft
A local taxi service owner says the new ride-share mobile application platforms Uber and Lyft are unfairly competing against his business and he has now filed a federal lawsuit against the companies. Savannah Vasquez reports for the Destin Log.
Florida on the Lookout for Workers’ Comp Fraud in Construction
In South Florida, investigators from the Florida Department of Financial Services are increasingly showing up on construction projects to investigate insurance fraud claims under the provisions of Chapter 440, Florida Statutes. Ralf Rodriguez reports for the Daily Business Review.
Scott wants Medicaid insurance, hospital contracts examined
Governor Rick Scott is targeting health insurers participating in the state Medicaid program, accusing them of negotiating hospital rates that are too high, which he says is the reason the new managed care program is not generating enough savings. The Associated Press’ Kelli Kennedy reports via the Tampa Tribune.
Publix hits a $1 billion milestone as Florida’s largest private company
Publix’s sales for the first half of 2015 were $16.3 billion, a 6.4 percent increase from last year’s $15.3 million. And comparable-store sales for the first half of 2015 increased 4.7 percent. Tampa Bay Times Columnist Robert Trigaux reports.
Amazon adding 2000 new jobs in Ruskin and Lakeland
Amazon.com has dramatically increased its footprint in Central Florida, the Tampa Bay Times reports.
When A Consumer Report Steers Consumers Wrong
A Consumer Reports investigation last month, which rekindles a tired argument long since refuted, claims to have uncovered startling revelations about the process by which auto insurance premiums are set, explains Property Casualty Insurers Association of America President and CEO David Sampson.
Guam Joins National Insurance Producer Registry
The National Insurance Producer Registry announced yesterday that it has added Guam as the 54th jurisdiction available on its Producer Database, Donovan Brown reports for NationalInsuranceNews.com.
Joan Collier’s National Workers’ Compensation Legislative Developments Review
Most of the state legislative sessions have now ended, so it’s a good time to review what did and did not happen regarding workers’ compensation initiatives, WCI360.com’s Joan Collier reports.
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