Category: Florida Insurance and Political Headlines

As the interest in insuring coastal properties and wind exposed regions has increased in recent years, there is a growing demand for property insurance analytics, Artemis.bm reports. http://www.artemis.bm/blog/2018/03/19/milliman-targets-coastal-insurers-with-tampa-office-rollins-hire/

Gov. Rick Scott announced late Monday he had signed another 30 bills into law, covering everything from consumer finance and fire safety to pregnancy services and the Florida Slavery Memorial, SunshineStateNews.com reports. Florida governor signs bill to ease payday loan restrictions Florida …

Doctors in many cases would be limited to writing prescriptions for three-day supplies, though they could prescribe up to seven-day supplies of controlled substances if “medically necessary.”  THE NEWS SERVICE OF FLORIDA reports via FloridaPolitics.com. http://floridapolitics.com/archives/259262-rick-scott-signs-bill-targeting-opioid-addiction

The Florida Department of Transportation serves as a pass-through for the $13.6 million in federal cash set aside for the bridge project.  Less than $11.4 million of the money comes from a federal grant created to fix crumbling infrastructure around …

The Florida Constitution Revision Commission on Monday began deliberating nearly 40 proposals dealing with everything from loopholes to state election laws to the retirement age of judges.  Mike Vasilinda reports via WCTV.com. http://www.wctv.tv/content/news/Constitution-Revision-Commission-begins-debate-477337683.html

The NRA sued over the age limits almost immediately after Gov. Rick Scott signed the Marjory Stoneman Douglas High School Public Safety Act into law March 9.  Marc Caputo reports for Politico Florida. https://www.politico.com/states/florida/story/2018/03/19/the-first-casualty-nra-broadsides-florida-house-speaker-for-gun-control-betrayal-319476

The move has been criticized by a number of environmental groups, who see it as removing one more layer of protection for the environmentally vital wetlands.  Tyler Treadway reports for TCPalm.com. https://www.tcpalm.com/story/news/local/indian-river-lagoon/health/2018/03/19/wetland-protection-poised-shift-corps-engineers-florida-dep/417298002/

Proposal 97 raises the margin of passage for a constitutional amendment from the already-highest in America threshold of 60 percent — to the nearly impossible 60 percent of all those casting ballots in that election, FloridaPolitics.com Publisher Peter Schorsch explains. …

From 2011-2017, McRaith served in the Obama Administration’s Treasury Department as the director of the first federal office focused on national and global insurance matters, Insurance Journal reports. https://www.insurancejournal.com/news/national/2018/03/20/483872.htm

The recent revision to the Federal Tax Schedule for 2018 reduced the corporate tax rate from 35 percent to 21 percent.  As a result some insurers, whose rates were based on the 35 percent corporate tax rate, may now be …