Capitol to Courthouse Florida Insurance Report: Tuesday, July 28, 2015.
Jul 28, 2015
To go directly to the section of your choice, click on a hyperlink below. Other hyperlinks to meeting information, bills and news are noted in bold type.
Daily Florida Insurance-Related Events
- 1:00 p.m.--Florida Surplus Lines Service Office Board of Governors meeting. Naples, Florida. To view the meeting notice, click here.
Daily Florida Insurance-Related News
Florida leads nation in property at risk from climate change
Florida has more private property at risk from flooding linked to climate change than any other state, an amount that could double in the next four decades, according to a new report by the Risky Business Project. The Miami Herald’s Jenny Staletovich reports.
Orlando insurance agent arrested for pocketing homeowner’s premiums
Florida authorities arrested a 67-year-old Orlando woman on allegations that she collected insurance premiums from people and simply pocketed them for personal use. The Orlando Sentinel’s Paul Brinkmann reports.
Broward drafts lawsuit against Uber, Lyft
Broward County has a 21-page lawsuit prepared and is threatening to file it if Uber and Lyft keep operating illegally here. Brittany Wallman reports for the Sun-Sentinel.
Lyft lawsuit in Tampa says drivers are employees
A Riverview man has filed what he hopes will be a nationwide class action suit against ride-hailing company Lyft Inc., alleging Lyft designates its drivers as independent contractors instead of employees to avoid paying minimum wage and overtime. Yvette C. Hammet reports for the Tampa Tribune.
Florida to speed up concealed weapon licenses for active military, veterans
Responding to the Chattanooga shootings that killed five service members, Florida is making it easier for veterans and active military to get concealed weapon licenses. Phil Ammann reports for SaintPetersBlog.com.
GAO: More international coordination needed on insurance
A top federal watchdog said Monday that U.S. regulators for insurance giants could do a better job coordinating their efforts with their international counterparts, Kevin Cirilli reports for The Hill.
Justices Affirm Rare Insurance Liquidation Denials
The Pennsylvania Supreme Court has rejected efforts by the Pennsylvania Insurance commissioner to convert the rehabilitation of two insurance companies into liquidations, The Legal Intelligencer reports.
Massachusetts Senate to hold hearing on home insurance rate increases
The Massachusetts Senate is launching an inquiry into what its leaders call “troubling” home insurance rate increases that several of the state’s largest insurers plan to put into place to recoup losses from last winter’s record snowfall. Deirdre Fernandes reports for the Boston Globe.
In a press release, Insurance Commissioner Teresa Miller called on Pennsylvania’s congressional delegation to support legislation defining the mandatory purchase requirements in private flood insurance for these private policies to be recognized by mortgage lenders.
Louisiana Department of Insurance To Host Post-Hurricanes Katrina and Rita Summit
The Louisiana Department of Insurance will host a State of Insurance Market Ten Years Post Hurricanes Katrina and Rita Summit at the University of New Orleans. At the event, the agency will issue a “State of Insurance 10 years post-Katrina” report and government officials and leaders in the insurance industry will share insight on topics including a property insurance market overview.
Study Outlines Ways To Reduce California Coastal Flood Risk
A new reports offers an easy-to-use method that identifies the areas where the greatest flood risk reduction and habitat conservation benefits can be achieved simultaneously through Federal Emergency Management Agency hazard mitigation projects in California.
Hiscox calls for insurance “war game”
The head of the largest listed Lloyd’s insurer has called on the industry to conduct a “war game” to simulate a big catastrophe, warning that executives may be becoming complacent after several years without calamitous losses. Alistair Gray reports for the Financial Times.
Alberta Warns Uber Drivers to Get More Insurance
Alberta’s superintendent of insurance is warning that Uber drivers don’t carry enough insurance to cover riders if they get into a collision, CBC News reports.
FCC Outlines New Telephone Consumer Protection Act Rules
On July 10, the Federal Communications Commission issued a Declaratory Ruling revising the Telephone Consumer Protection Act that became effective immediately. The ruling included the definition of automated dialer and a one call “safe harbor” rule for reassigned numbers. Denise Johnson reports for ClaimsJournal.com.
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