Capitol to Courthouse Florida Insurance Report - Tuesday, March 06, 2018
Date Published: 03-06-2018
Florida Citizens Property Insurance is now expecting to make some Reinsurance Recoveries related to its Hurricane Irma Claims. Trading Risk reports.
In the lead-up to Irma, an Associated Press Analysis found that the number of Florida Homes covered in high-risk areas had dropped by 15 percent in the previous five years. The Miami Herald’s Jenny Staletovich reports.
Federated National bought Crosswinds’ Share for $12.28 Million and TransRe’s Interest for $4.4 Million to take full control of the Insurer. Lidia Dinkova reports for the Daily Business Review.
A measure to expand Workers’ Compensation Benefits to First Responders who suffer job-related post-traumatic stress disorder has passed the Legislature unanimously. FloridaPolitics.com’s Jim Rosica reports.
When determining who is to blame for the State of Florida allowing millions of dollars to fall through the cracks last fiscal year, it depends on who you talk to. Ana Ceballos reports for FloridaPolitics.com.
The Florida House and Senate both unanimously okayed the measure Monday and it now heads to the desk of Governor Rick Scott, who is expected to sign it.
The Bill, SB 7026 (18R), sponsored by incoming Senate President Bill Galvano, R-Bradenton, had allowed School Boards to Contract with Sheriff’s Office to create a program that would train and eventually allow all school staff to carry concealed weapons on campus. Matt Dixon reports for Politico Florida.
Despite concerns raised by Senate Democrats that it would “Tie the Hands” of future Legislators facing emergencies, the Florida Senate passed a measure Monday that would make it harder for the Legislature to increase taxes and fees in the future. Ana Ceballos reports for FloridaPolitics.com.
Negotiations continued behind the scenes Monday on a New $87 Billion-Plus Budget, with Senate Leaders saying they remain optimistic that Lawmakers will finalize the spending plan Tuesday. THE NEWS SERVICE OF FLORIDA reports via FloridaPolitics.com.
The Senate advanced Corcoran’s K-12 bill by a Vote of 20-17, while the House advanced the Higher Education Bill by a Vote of 84-28. Both Bills now head to Governor Rick Scott’s desk for approval. John Kennedy and Zac Anderson report via the Daytona News-Journal.
She said she isn't Running for her Final Term because she's a newlywed with a ready-made family and wants time to phase into her new life.
Here are some bragging rights that we’d rather not have. Florida is once again tops among all States with the highest number of Fraud Reports. The Tampa Bay Times reports via Crain’s Miami.
Over the past 4½ months, the U.S. Army Corps of Engineers and Local Contractors have collected more than 736,000 cubic yards of debris — the equivalent of 61,000 truckloads — as they rush to clean up St. Thomas, St. John and St. Croix, the territory’s three major Islands. Tim Craig reports for the Washington Post.
Louisiana Insurance Commissioner Jim Donelon has appointed Nicholas “Nick” Lorusso as Chief Deputy of the Louisiana Department of Insurance and Denise Dunckel as the Deputy Commissioner of Public Affairs. Insurance Journal reports.
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