Capitol to Courthouse Florida Insurance Report - Tuesday, September 12, 2017
Date Published: 09-12-2017
House Speaker Richard Corcoran said the Legislature could "immediately convene" a special session if needed in the wake of Hurricane Irma. Matt Dixon reports for Politico Florida.
Irma May Force Florida Insurers to Turn to Deeper Pockets
All that stands between many Florida homeowners and potential ruin is one state-owned insurer and dozens of relatively little-known companies that do most-or all-of their business in the state. Mary Williams Walsh reports for the New York Times.
- Irma's Earliest Cost Projection: Between $64 Billion and $92 Billion
- Can Florida's Property Insurance Industry Have a Truly Devastating Storm?
- Florida's state-run insurers look good for Hurricane Irma rebuilding
- After Irma, a storm of claims awaits Florida's insurance industry
- Florida counts cost of the carnage
- Irma Misses Insurers' Danger Zone
- Florida insurance stocks get crushed as Irma looms
- Insurers rebound even as Irma barrels toward Florida
- Insurance ETFs rally after Hurricane Irma inflicts less damage than had been feared
Tampa-based property insurance claim lawyer Chip Merlin was labeled "the master of disaster" in a Tampa Bay Times article last year based on his practice of representing insurance claims for natural disaster victims. Mitch Perry reports for FloridaPolitics.com.
Florida emerged from Hurricane Irma as a landscape of blacked-out cities, shuttered gas stations and flooded streets, the New York Times reports.
- Florida "Dodged a Cannon" as Irma Swerved and Weakened
- After Irma, the hard part begins
- Utility crews stream into Florida for hurricane payday, adventure
- Most Florida flood zone property not insured
- Florida was right to prepare for the worst
- Irma's storm surge swamps coastal Florida from Key West to Jacksonville
- Irma loses hurricane status but keeps spreading misery
- Irma Topples Two Construction Cranes Atop Miami High-Rises
- Massive sinkhole opens in Orange County during Irma
- EPA grants pollution waiver to Florida utilities after Irma
- Toxic sites throughout Florida likely in path of Irma
- Florida Turns to Recovery After Irma
- Hurricane-ravaged ports leave Florida fuel tight
- More than 12 million without power in Florida as Hurricane Irma's effects linger
- FPL says grid improvements helped avoid more widespread power outages
- The Long Road Home: Millions of Floridians await return
- Hurricane Irma spares Tallahassee its worst
- Hurricane Irma rekindles political spat between Scott, Gillum
- Florida Keys, airports partially re-open after Irma rips through state
- Florida stores begin opening post-Irma
- Trump: Damage from Irma worse than thought
- Carole Crist offers herself up for commentary on Hurricane Irma
Chief Financial Officer Jimmy Patronis and Insurance Commissioner David Altmaier hosted a conference call with insurance company executives to confirm that companies are prepared to meet Floridians' needs following Hurricane Irma.
- Insurers beg customers not to sign over claims rights after Hurricane Irma
- Expecting 100,000 Hurricane Irma claims, Citizens approves extra adjusters, rules waiver
- Florida Office of Insurance Regulation: Managing the Post-Storm Insurance Claims Filing Process
- After Irma, Report Losses Quickly and Protect Yourself from Unlicensed Individuals, OIR Advises
- Insurers helping Hurricane Irma survivors
By Monday afternoon, Hurricane Irma had largely finished with Jacksonville. Mother Nature, however, had not. Nate Monroe reports for the Florida Times-Union.
President Donald Trump signed a $15 billion disaster relief package for Tropical Storm Harvey that includes an extension of the National Flood Insurance Program to December 8. Gloria Gonzalez reports for Business Insurance.
Florida escaped the worst because Irma's powerful eye shifted westward, away from the biggest population center of sprawling Miami-Dade County, Brian K. Sullivan reports for Bloomberg via Insurance Journal.
For years, the Harris County Flood Control District has looked at constructing some kind of flood control project that would curb the flow of floodwaters from the fast-growing northwest suburbs into two federally-owned reservoirs - Addicks and Barker - that filled to the brim during Harvey and last year's "Tax Day" flood.
As Hurricane Irma battered Florida on Sunday, the cream of the insurance world - gathered under the Mediterranean sun in Monte Carlo - was assessing the costs of the storm for the global industry. Reuters' Tom Sims reports via Insurance Journal.
The first global standard for investors to compare how much capital insurers from different countries hold to keep policies safe is caught in a transatlantic tussle, casting doubt on whether it is practical, industry and regulatory officials say. Reuters' Huw Jones reports via Insurance Journal.
Hurricane Irma victims in parts of Florida and elsewhere have until January 31, 2018, to file certain individual and business tax returns and make certain tax payments, the Internal Revenue Service announced today.
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