Capitol to Courthouse Florida Insurance Report – Wednesday, April 26, 2017

 

Insurance Agents Expecting to Write More South Florida Policies With State-Run Citizens
Get used to the idea that more South Florida Homeowners will be forced back to State-Run Citizens Property Insurance Corp., the So-Called Insurer of last resort.  The Sun-Sentinel’s Ron Hurtibise reports via the Miami Herald.

 

House Assignment of Benefits Reforms Move Closer to Final Vote

The House cleared its version of Assignment of Benefits reform for a Final Vote Tuesday, defeating an Amendment that would have frozen Property Insurance Rates and required a Premiums Rollback next summer.  Michael Moline reports for SaintPetersBlog.com.

 

Differing Comp Reform Bills Considered in Florida

Florida Legislators continue to attempt to address Major Florida Supreme Court Decisions last year that have impacted the State’s Workers Compensation System.  Joyce Famakinawa reports for Business Insurance.

·         Florida House Workers’ Comp Measure Gains Support as it Advances

·         Injured on the Job? It Might Get Harder in Florida to Find a Lawyer to Take Your Case

 

Allianz Sponsorship of Florida Golf Event Ends Amid Holocaust Survivor Protests

Holocaust Survivors on Monday celebrated the end of German Insurance Giant Allianz’s Sponsorship of a Florida Pro Golf Tournament, saying it may boost efforts to collect some $2.5 Billion in World War II-Era Policies issued to Jews that they say have gone unpaid.  The Associated Press’ Terry Spencer and Curt Anderson report via Insurance Journal.

 

Contours of a $83 Billion Budget Deal Emerge

After days of a sharp exchange of words, Budget Negotiators appear on the cusp of hammering out a Behind-the-Scenes Budget Deal that could end Session as planned on May 5.  Matt Dixon reports for Politico Florida.

 

Proposed Condo Reform Bill Expected to go Before Florida Legislature for Final Vote

A Bill to Reform Florida Condo Law is in its Final Phase in Tallahassee after it was unanimously approved by the Senate’s Rules Committee on Tuesday.  Brenda Medina reports for the Miami Herald.

 

Senate Advances FPL’s Bill to Charge Customers for Natural Gas Fracking Investments

Florida Power & Light’s quest to have Customers pay for Natural Gas Fracking Projects in other States overcame a key hurdle Tuesday as the Senate Rules Committee passed the controversial measure and overlooked opposition from Residential and Commercial Customers.  The Miami Herald’s Mary Ellen Klas reports via the “Naked Politics” blog.

 

Gun Bill Affecting Florida Courthouses Passes Final Committee, Goes to Senate Floor

SB 616 from Sarasota Republican Senator Greg Steube passed its Final Committee yesterday afternoon. Members of the Rules Committee endorsed the relatively non-controversial measure — with at least a couple Democrats Opposed — after offering no discussion or debate.  Kristin M. Clark reports for “The Buzz” blog.

 

House Takes Aim at “Liquor Wall”

A heavily lobbied measure that would remove a Depression-Era “Wall” separating the Sale of Liquor and Groceries was positioned — after more than two hours of discussion Tuesday — for a Final House Vote as soon as today.  THE NEWS SERVICE OF FLORIDA’s Jim Turner reports via SunshineStateNews.com.

 

MetLife Asks Court to Delay “Too Big to Fail” Challenge as Trump Vows Review

MetLife Inc. is asking a U.S. Court to put on pause a Case over how the Government deems certain Companies “Too Big to Fail,” one of the most significant Reforms to come out of the Financial Crisis, while President Donald Trump’s Administration finishes reviewing the current Regulatory Approach.  Reuters’ Lisa Lambert reports via Insurance Journal.

 

Louisiana’s Governor Declares State of Emergency Over Disappearing Coastline

The Emergency Proclamation will be sent to President Donald Trump and Members of Congress as a necessary means of raising the National Profile of this Crisis and expediting Priority Restoration Projects with the level of urgency those Projects require.  Insurance Journal reports.

 

Texas Surplus Lines Stamping Office Names 3 New Board Members

These Individuals are part of a Nine-Member Board appointed by the Texas Commissioner of Insurance. Each Board Member serves a Three-Year Term, with Two Industry Members and one Public Member Appointed Annually.  Insurance Journal reports.

 

 

 

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