Capitol to Courthouse Florida Insurance Report – Tuesday, January 30, 2018
Jan 30, 2018
Windshield Repair Fraud Targeted In Florida Senate Proposal
Windshield Repairs and Replacements have become a growing field for Fraudulent Insurance Claims. THE NEWS SERVICE OF FLORIDA’s Jim Turner reports via National Underwriter’s PropertyCasualty360.com.
Florida Lawmakers Look At Revamping Trauma System
A House Health-Care Panel on Monday approved a Bill that would clear a path for increasing the number of Trauma Centers in the State’s Biggest Cities and changing rules that allow Hospitals to challenge the designation of New Trauma Centers. THE NEWS SERVICE OF FLORIDA’s Christine Sexton reports via News4Jax.com.
Allscripts Sued Over Ransomware Attack That Downed System
A Florida-Based Provider hit Allscripts with a Proposed Class Action Lawsuit for failing to protect its Clients’ Data from a Ransomware Attack, saying it could cost Companies hundreds of millions of dollars in business. Modern Healthcare reports via Crain’s Miami.
Thrasher Partially Lifts Suspension of Greek Life at Florida State; Alcohol Ban Remains
Florida State University President John Thrasher announced today that significant policy changes designed to create a healthier campus community and produce safer, more responsible student behavior will begin immediately. Bryan Dobson reports for the Tallahassee Democrat.
Lab-Bred Mosquitoes to Fly Near Miami to Help Combat Zika
A similar Trial began near Key West last Spring. Hurricane Irma’s Landfall in the Florida Keys interrupted the final weeks of monitoring for that Trial. The results are still pending, the Associated Press reports.
House Budget Would Boost State Spending By Billions
Corcoran said growth in Public School Enrollment and Medicaid Caseloads are Two Budget Drivers forcing more spending. The Tampa Bay Times’ Steve Bousquet reports via “The Buzz” blog.
Florida Senators Move Forward With Plan To Limit Taxes
A Proposal that would make it tougher for Future State Lawmakers to Raise Taxes advanced Monday through its first Senate Panel, though the Proposal would not go as far as a Tax Limit approved by the House. THE NEWS SERVICE OF FLORIDA’s Jim Turner reports via the Palm Beach Post.
Accountability Measure Advances In Florida Senate
Legislation that would provide Transparency and Accountability Provisions for Publicly-Funded Economic Development Agencies and Tourism Promotion Agencies advanced in a Florida Senate Committee Monday afternoon, thanks to an Amendment added to the Bill (SB 1714) by the Sponsor, Gainesville Republican Keith Perry. Mitch Perry reports for FloridaPolitics.com.
Florida Democrats Face Three Scenarios In Upcoming Special Elections
While many Politicos anxiously await (or fear) a “Blue Wave” come November, one pair of Special Elections in Florida – House District 72 and 114 – may give Florida Democrats a hint of how the Party will fare this year. FloridaPolitics.com Publisher Peter Schorsch reports.
In a Florida First, Jacksonville’s State Attorney Hired Someone to Exonerate Inmates
The Legislator who fought to secure the funding for the Office, Sen. Aaron Bean, R-Fernandina Beach, said if Government has the power to take away someone’s Liberty, then a Unit that tries to identify when it was done wrongly is essential. Andrew Pantazi reports for the Florida Times-Union.
Senator Montford Facing “Monumental Decision” Over Whether to Leave Senate to Run for Mayor
Montford, a Democrat who represents Tallahassee and 11 Counties in the Legislature has not Filed to Run for Mayor. His Senate Term is through 2020. James Call reports for the Tallahasse Democrat.
Richard Corcoran Rails Against Sanctuary Cities In Fiery New Ad
Richard Corcoran has proved he isn’t playing around when it comes to Sanctuary Cities in the Legislature, but now he’s out with an Explosive New Ad to prove just why he thinks the Refuges for Undocumented Immigrants are dangerous to Floridians. Allison Nielsen reports for SunshineStateNews.com.
Encourages Survivors to File Claims for Mudslide, Landslide, and Debris Flow based on Preliminary Indications that Fire was efficient proximate cause.
NFIP Lapse During Government Shutdown Highlighted Insurance Gaps
The National Flood Insurance Program received a reprieve when it was retroactively reauthorized last week as part of a resolution to Reopen the Federal Government, but even the brief Lapse highlighted the significant consequences for Risk Managers of the Program’s Expiration. Glorida Gonzalez reports for Business Insurance.
5 Critical Drone Takeaways For Insurers From 2017’s Hurricane Season
Last year represented a major inflection point for the use of Drone-Based Aerial Intelligence in the Insurance Industry. Nathan Stump reports via Carrier Journal.
Fitch: Changes to US Taxation Will Limit Bermuda’s Advantages
The US’ reduction of its Corporate Tax Rate and introduction of the Base Erosion and Anti-Abuse Tax are likely to have implications for Bermuda’s Insurance and Reinsurance Model, Fitch Ratings says. Carrier Management reports via the PCI SmartBrief.
Israeli Satellite Builder Sues Insurance Companies
Israel Aircraft Industries (IAI) has Filed a NIS 300 Million (about €71m) Legal Action against a consortium of Insurers which includes Lloyds of London and giant insurer Marsh, over the loss of the Spacecom/Amos-6 Satellite. Chris Forrester reports for Advanced Television.
Aon: Insurance-Linked Securities Poised For Another Strong Year
Catastrophe-Bond Issuance in 2017 surpassed $10 Billion for the first time in a single year, while the amount of outstanding Catastrophe-Bond Capital reached $25.7 Billion, Aon Securities says. Artemis.bm reports via the PCI SmartBrief.
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