Capitol to Courthouse Florida Insurance Report: Wednesday, November 27

Nov 27, 2013

 

Daily Florida Insurance-Related News

 

Bad tile job leads to sinkhole scare on Sligh Avenue

A buckling floor and awful noise led a family to rush from their home Monday night, but inspectors say a bad tile job is to blame, Grayson Kamm reports for Tampa’s WTSP-TV.

 

Column:  Tensions rising in Florida flood insurance blame game

If a conservative is a liberal who got mugged yesterday, a populist governor is a fiscal conservative facing re-election whose constituents got mugged by the free market yesterday.

 

Florida wildfire lessons learned from Arizona firefighter deaths

With Agriculture Commissioner Adam Putnam last week raising concerns about a potentially difficult 2014 fire season following a wet summer growing season, Karels said there are lessons from the Arizona fire that apply to Florida, The Florida Current’s Bruce Ritchie reports.

 

5 questions for Brevard delegate Steve Crisafulli, Florida House Speaker-Designate

A year ago, state Rep. Steve Crisafulli was thrust into the top ranks of Florida politics, THE NEWS SERVICE OF FLORIDA’s Margie Menzel writes via FloridaToday.com.

 

Absentee ballot directive draws more heat for Scott

Governor Rick Scott’s administration drew fire Tuesday over a directive from the state’s elections chief which limits how absentee ballots can be turned in by voters, Palm Beach Post’s John Kennedy reports.

 

Florida State Board of Administration hands out hefty pay increases

Several of the people who make the money for Florida’s market-beating pension fund are getting major raises — some as high as $25,000 — to bring the state’s fund managers closer to what they might make on Wall Street or in other state capitals, The Florida Current’s Bill Cotterell reports.

 

Florida businesses to see conflicting cost pressures next year

On the heels of new unemployment figures showing a hiring surge in recent months, Florida businesses have mixed news as they consider hiring decisions for next year, The Florida Current’s Gray Rohrer reports.

 

Struggles Continue With Florida’s New Unemployment Computer System

The majority of technical “glitches” that first confronted users of the state’s overhauled unemployment computer system appear to have been smoothed out, THE NEWS SERVICE OF FLORIDA’s Jim Turner explains via SunshineStateNews.com.

 

Feds shut down 3 South Florida moving companies

Turns out some of those horror stories of movers hijacking your stuff and holding it for ransom aren’t urban legend, Jordan Levin reports for the Miami Herald.

 

Key West to Cuba flights struggle to take off

Two years ago, U.S. Customs and Border Projection gave Key West the green light to resume flights to and from Cuba that had long been stifled by a ban on most American travel to the island after the Cuban Revolution. Yet not a single plane has taken off for the island since, Associated Press’ Christine Amario writes for KCAU-TV.

 

NCOIL Calls for Flood Rate Hike Delay; Senate Action Could Come by Year-End

The National Conference of Insurance Legislators added its voice to the growing chorus urging a delay of planned National Flood Insurance Program rate increases, National Underwriter’s Arthur Postal reports for PropertyCasualty360.com.

 

Some German insurers may fail under new capital rules

Reuters reports that Some German insurers may fail in the wake of tough new European capital rules for the industry due to come into force in 2016, Germany’s top insurance supervisor said.

 

Bear Bryant Son’s Reinsurance Fortune Helps Power Alabama Football

Paul Bryant Jr., once known as Little Bear, quarterbacked a 2002 multi-million- dollar fund raising drive, beginning with his own $10 million, that laid the foundation for Alabama’s return to football glory, Bloomberg’s Anthony Effinger and John Helyar report via Insurance Journal.