Capitol to Courthouse Florida Insurance Report - Wednesday, August 30, 2017
Date Published: 08-30-2017
Universal Insurance Holdings, Inc. (NYSE: UVE) announced today that it will be honored at the Women Executive Leadership Florida 2017 Corporate Salute Event on September 12, 2017.
A State Investigator, who was probing Claims that a Major State Contractor, DBi Services, installed Counterfeit Highway Dividers in Miami-Dade County found no Evidence of Wrongdoing. Politico Florida’s Daniel Ducassi reports.
Florida Taxpayers have already spent $5 Million on a State Budget Website that never went Public. Now Litigation over the Failed Project could cost another $200,000. The Associated Press reports.
In her Complaint, Barbara Bernier Claims Charlotte Law and its Owner, InfiLaw Corp. of Naples, Fla., Defrauded U.S. Taxpayers Out Of $285 Million from 2010-15. Bernier’s Lawsuit and other related Documents were Unsealed last week by a Florida Judge. Michael Gordon reports for the Charlotte Observer.
Joaquin Castro calls on Abbott to call Special Session to Delay the New Law. The Houston Chronicle’s James Drew reports.
A Texas Law that takes effect Friday will not alter the Claims Process or Reduce Policyholders' Options for Legal Remedies in Bad-Faith Cases, despite misinformation that some sources are spreading, writes David Sampson, President and Chief Executive of PCI. The Dallas Morning News reports via PCI SmartBrief.
Private Insurers still want to dive into the Flood Insurance Market despite the ongoing Historic Flooding from Hurricane Harvey. Insurance groups told Bloomberg BNA.
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