Capitol to Courthouse Florida Insurance Report – Wednesday, February 22, 2017
Feb 21, 2017
U.S. Senator Bill Nelson Says Demotech Downgrades Risk Mass Florida Homeowner Disaster
U.S. Sen. Bill Nelson urged Federal Officials Tuesday to take any Actions necessary to prevent a “Disaster ” if mass numbers of Florida Homeowners go into default because ratings firm Demotech Inc. lowers Safety Grades on several Property Insurers. The Palm Beach Post’s Charles Elmore reports via the “Protecting Your Pocket” blog.
Private Flood Insurance Bill Rolls, With Dissent On Unregulated Prices
A Bill designed to boost Florida’s private alternatives to Federal Flood Insurance cleared an early stop Tuesday, though not without a bit of protest and unease about moves that whisk away Price Regulation. The Palm Beach Post’s Charles Elmore reports via the “Protecting Your Pocket” blog.
Uber-Friendly Rules in Florida Clear Another Hurdle
The Florida House of Representatives Government and Accountability Committee Voted favorably 21-1 Tuesday on House Bill 221 by Reps. Jamie Grant(R-Tampa) and Chris Sprowls (R-Clearwater.) Janelle Irwin reports for the Tampa Bay Business Journal.
Florida Allianz Protest Increases Momentum For Justice
According to Data from Congressional Hearings, Allianz, A.G. — the German Insurance Giant — has paid only about three percent of the $2.5 Billion it owes Survivors. Randall P. Lieberman reports for the Sun-Sentinel.
UPS Tests Rural Florida Drone Deliveries, Eyes Future Price Changes
The Company tested Home Delivery by Drone in Lithia, Florida, the first step in what it hopes will be more automated – and cheaper – Deliveries in Rural Areas, Florida Trend reports.
In Major Tallahassee Reversal, Mandatory Sentences Called a Waste of Taxpayer Money
The Florida Senate Criminal Justice Committee Voted Unanimously for SB 290, which would end Minimum Mandatory Sentences for Nonviolent Offenses. Mary Ellen Klas reports for the Miami Herald.
Air Firms Hurt From Trump Flight Rules Get the Ear of Governor Rick Scott
Governor Rick Scott has entered the discussion of Financial Losses suffered by Local Aviation Firms when President Trump stays at his Mar-a-Lago Compound.
Florida Wins Flower Sales-Tax Fight When Supreme Court Declines Case
The U.S. Supreme Court on Tuesday declined to take up a Constitutional Challenge to Florida collecting Sales Taxes on Flowers that are ordered Online from a Palm Beach County Company but are delivered out of State. THE NEWS SERVICE OF FLORIDA reports via the Sun-Sentinel.
Richard Corcoran is That Guy Who’s Always Quoting Game of Thrones
The minute-long video begins with an ominous shot of the Capitol, with a voice over by Corcoran. “I remember being just a little boy, mesmerized by those stories. This idea of a group of men, working side-by-side together, none greater than the other. All of them willing to die for something greater than themselves.” Michael Van Sickler reports via Tampa Bay Times’ “The Buzz” blog.
· Watch Here: Florida House Goes Game of Thrones in “Session is Coming” Video
“Hope Springs Eternal Two Weeks Before Session”
What a difference two weeks might make. Writes Gary Fineout in his blog “The Fine Print.”
New York Cyber Rule Takes Effect March 1
Mandatory standards for Banks and Insurers to combat Cyber Attacks are coming in New York. Insurance Journal reports.
Klenke Named Chief Legal Counsel at Wisconsin Insurance Commissioner’s Office
Wisconsin Commissioner of Insurance Ted Nickel has appointed Charlotte Klenke to serve as Chief Legal Counsel at the Office of the Commissioner of Insurance. Insurance Journal reports.
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