Category: Florida Insurance and Political Headlines

FEMA expanded its reinsurance purchase this year, and is actively weighing whether to move even deeper into financial markets by tapping other kinds of securities — a decision that’s expected to be made in the coming weeks. https://www.politico.com/story/2018/03/29/as-congress-stalls-trump-quietly-overhauls-flood-program-491384

For a good handle on the magnitude of the potential litigation, think asbestos or other major environmental lability lawsuits, Insurance Journal’s Don Jergler writes. https://www.insurancejournal.com/news/national/2018/03/29/484908.htm

Citizens Property Insurance has reopened more than one-third of its 66,761 claims from Hurricane Irma to revisit damage estimates, the state-backed company announced Wednesday.  THE NEWS SERVICE OF FLORIDA reports via News4Jax.com. https://www.news4jax.com/weather/hurricane-irma/citizens-property-insurance-reopens-irma-claims

Speaking to CBS Miami, Dulce Suarez Resnick breaks down why Florida homeowners are being dropped by their insurance companies. http://miami.cbslocal.com/video/3836100-why-florida-homeowners-are-being-dropped-by-insurance-companies/

Whether an insurance company is reviewing its policies, forms, and endorsements or its claims procedures, protocols, and practices, the insurer and other interested parties assume that precedent decisions by the courts will be followed by the courts when they decide …

With this national designation, Leon County becomes the nationwide prototype for disaster resilience and will continue to collaborate with FLASH throughout the 2018 hurricane season to advance resilience by establishing criteria for other local governments, WTXL.com reports. http://www.wtxl.com/news/leon-county-declared-first-hurricanestrong-community-in-the-nation/article_65145540-32ca-11e8-90aa-d3f12273b6ca.html

Local governments outside of Escambia and Santa Rosa counties will have a more difficult time ensuring public access to some of Florida’s prized beaches after Governor Rick Scott signed a bill from the Legislative session.  Thaddeus Mast reports for the …

Right now in Florida, ex-felons have mandatory waiting period of at least five years before they can vote again. http://news.wfsu.org/post/judge-gives-gov-rick-scott-less-month-create-new-voting-rights-restoration-scheme

Even if the treated waste is cleaned to federal drinking water standards, environmentalists point out that does not eliminate other toxins found in human waste such as antibiotics, anti-depressants and other drugs. http://www.gainesville.com/news/20180328/environmentalists-lobby-rick-scott-to-veto-toilet-to-tap-bill

Among the 25 proposed Constitutional amendments green-lighted by the state’s Constitutional Revision Committee (CRC) during its three-day conference last week is a measure to extend Florida’s lobbying ban on former elected and government officials from two years to six years.  …