Category: Florida Insurance and Political Headlines

Tight ILS pricing strains Florida renewal

Apr 19, 2018

Tumbling catastrophe bond prices continue to exert pressure on the wider reinsurance market and are likely to curb rate increases at the upcoming Florida renewal, the Insurance Insider reports. http://www.insuranceinsider.com/-1274352/12

Report says Florida shortchanged on Hurricane Irma unemployment assistance

Apr 19, 2018

A new report from the National Employment Law Project Action Fund charges that Florida’s workers got shortchanged by state and federal efforts to provide disaster unemployment assistance following Hurricane Irma last fall.  Scott Powers reports for FloridaPolitics.com. http://floridapolitics.com/archives/261643-report-florida-shortchanged-on-hurricane-irma-unemployment-assistance

Florida’s U.S. Senators back hospitals on payment challenges

Apr 19, 2018

The legislation, though, would offer a more-permanent fix by eliminating a prohibition on administrative and legal challenges.  THE NEWS SERVICE OF FLORIDA’s Christine Sexton reports via the Gainesville Sun. http://www.gainesville.com/news/20180417/senators-back-hospitals-on-payment-challenges

First District Court of Appeal Overturns “Five Million Dollar Ant Bite Case”

Apr 19, 2018

Specifically, the appeals court ruled Wednesday that Florida’s environmental protection statute can only be used to sue for damages to property, not people, caused by environmental contamination.  Floridians still can sue for personal injuries, SunshineStateNews.com Publisher Nancy Smith explains. http://sunshinestatenews.com/story/first-dca-overturns-500-million-ant-bite-case

Rick Scott, Seminole Tribe agree on gambling money

Apr 19, 2018

Sources in the gaming industry said Scott’s deal with the Seminoles wouldn’t affect plans by the Legislature to call a Special Session to address unresolved gambling issues.  FloridaPolitics.com’s Jim Rosica reports. http://floridapolitics.com/archives/261678-rick-scott-seminole-gambling