Capitol to Courthouse Florida Insurance Report – Wednesday, July 27, 2016
Jul 27, 2016
New Company Formed to Certify Home Improvement Providers
An Insurance Industry Watchdog has announced a new mission: promoting and keeping tabs on the growing market for certain energy-efficiency improvements. The Sun-Sentinel’s Ron Hurtibise reports.
Brown & Brown Insurance Brokerage Firm is Sued by EEOC in Pregnancy Discrimination Lawsuit
A Daytona Beach-Based Insurance Brokerage Firm violated Federal Law by rescinding a job offer to a woman because of her pregnancy, the U.S. Equal Employment Opportunity Commission charged in a lawsuit it filed Monday, the EEOC reports.
Florida Regulators OK Plan to Increase Toxins in Water
Despite the objection of Environmental Groups, State Environmental Regulators voted Tuesday to approve new standards that will increase the amount of cancer-causing toxins allowed in Florida’s rivers and streams under a plan the state says will protect more Floridians than current standards. The Associated Press reports via the Tampa Tribune.
First Medical Pot Shop Opens in Florida
The first shop that can legally sell Medical Marijuana in Florida opened at a strip mall in Tallahassee on Tuesday and Dallas Nagy became its first customer, buying cannabis capsules that he hopes will ease his chronic muscle spasms and seizures. The Associated Press’ Joe Reedy reports for ABC News.
More Than 2 Million Primary Ballots Headed to Florida Voters
Five weeks before Florida’s Statewide Primary Election, nearly 2.2 Million Voters have requested Ballots, the Tampa Bay Times’ Steve Bousquet reports via “The Buzz” blog.
Report: Algae Bloom Toxins also Contaminating Martin County’s Air
According to a report issued Tuesday afternoon during a Martin County Commission meeting, an Algae Bloom at Central Marine Marina in Rio contained Microcystin at a rate of 33,000 parts per billion and one at nearby Outboards only had a level of 14,000 parts per billion. TCPalm.com’s Tyler Treadway reports.
Jacksonville’s EverBank Financial Corp. Officially up For Sale for $2.5 Billion
EverBank Officials said they have a Negotiation Deadline of August 8 to hammer out a deal. Drew Dixon reports for the Florida Times-Union.
Palm Beach County’s Home Market Nation’s Hottest, Study Says
Forget fast-appreciating Denver and stratospheric San Francisco. Palm Beach County has elbowed its way into the top spot on a Real Estate Firm’s List of the Nation’s Hottest Housing Markets. Jeff Ostrowski reports for the Palm Beach Post.
Florida Cities Named Some of the Best-Run in the Country
Wallet Hub compiled a list of the 150 best-run cities in the United States with Florida popping up along the list starting with St. Petersburg at number 48. Zach Dennis reports for the Palm Beach Post.
Here’s why ADP Chose Central Florida for Major Expansion
Payroll-Processing Giant ADP is bringing at least 1,600 new jobs to the region as professional-services job growth jumps across the state, Orlando Sentinel’s Paul Brinkmann reports.
From the 305 to Worldwide, Pitbull is Florida’s Paid Ambassador
Why would a partially State-Funded Entity recruit a Global Pop Star as a Spokesman? The Tampa Bay Times’ Jay Cridin reports via SayfieReview.com.
Texas Windstorm Insurer: Submit Depopulation Documentation by August 25
Texas Windstorm Insurance Association member companies that want to participate in the Assumption Reinsurance Depopulation Program may now submit required documentation to both TWIA and the Texas Department of Insurance, Insurance Journal reports.
Homeowners’ Insurance Plan Pays $350k Settlement for Improperly Cancelled Massachusetts Policies
The Massachusetts Property Insurance Underwriting Association, the State’s Fair Access to Insurance Requirements Plan, allegedly cancelled about 1,000 Homeowners’ Coverage improperly and will pay a Settlement of $350,000. Policyholders say the cancellations required them to obtain plans with higher premiums.
Federal Workplace Safety Violation Fines Going Up August 1
Under a Law passed by Congress last year, Penalties that were last adjusted in 1990 are going up nearly 80 percent to account for Inflation, Insurance Journal reports.
XL Group Completes Relocation of Domicile to Bermuda
XL Group Ltd. announced it has completed its redomestication to change the place of Incorporation of the Ultimate Parent Holding Company to Bermuda from Ireland, Insurance Journal reports.
Would You Drive Less if it Lowered Your Car Insurance?
According to Metromile, customers pay a base rate for Insurance, then an additional charge for each mile, ConsumerAffairs.com’s Mark Huffman reports.
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