Category: Insurance Regulatory News

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.  …

In a sit-down with Tallahassee reporters Tuesday, Rubio said he would not campaign against Nelson, whom he considered a good colleague and partner in several matters they worked together on for Florida.  Scott Powers reports for FloridaPolitics.com. http://floridapolitics.com/archives/260019-marco-rubios-decision-not-to-campaign-for-rick-scott-becoming-an-issue-in-congressional-race

Researchers at the University of New Hampshire have found that in the past 20 years roads along the East Coast have experienced a 90 percent increase in flooding – often making the roads in these communities impassable, causing delays, as …

During a House Insurance Committee hearing on Tuesday, Rep. Blake Carpenter, one of the bill’s authors, quoted the movie “American Sniper” and said violence in school was a matter of “when” and not “if.”  CNN’s A.J. Willingham reports via ClickOrlando.com. …

It’s not just Fortune 500 companies or the big banks looking for terrorism coverage, and it’s not just larger events that are motivating firms today to get terrorism insurance.  Insurance Business Magazine reports. https://www.insurancebusinessmag.com/us/news/breaking-news/texas-bombings-reveal-the-new-scale-of-terrorist-attacks-for-insurers-96202.aspx

Demotech has prepared an extended commentary regarding the Florida property marketplace along with the rating status for each of these companies. For the full update, click here. http://news.demotech.com/demotech_news/20180328_fl_announcement/