Capitol to Courthouse Florida Insurance Report - Tuesday, September 12, 2017 - Colodny Fass

Capitol to Courthouse Florida Insurance Report - Tuesday, September 12, 2017

Date Published: 09-12-2017

 

Corcoran:  After Hurricane Irma, Legislature could immediately convene special session

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.

 

"Master of disaster" Chip Merlin on post-Irma property insurance claims

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.

 

Damp, Dark and Disarrayed, Florida Starts Coping With Irma's Aftermath

Florida emerged from Hurricane Irma as a landscape of blacked-out cities, shuttered gas stations and flooded streets, the New York Times reports.

 

Florida Insurance Industry Conferenced With CFO, OIR for 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.

 

The winds subsided and the rain stopped. Then the emergency began.

By Monday afternoon, Hurricane Irma had largely finished with Jacksonville. Mother Nature, however, had not.  Nate Monroe reports for the Florida Times-Union.

 

Congress passes NFIP extension

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.

 

How "Bermuda High" Threw Irma and Damage Estimates Off Course

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.

 

Texas GOP Leaders Push for Expensive, Long-Delayed Flood Infrastructure Projects

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.

 

Hurricane Costs Become Talk of Monte Carlo's Reinsurance Rendez-Vous

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.

 

Lacking Political Support, Global Capital Rule for Insurers Stalls

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.


IRS Gives Tax Relief to Victims of Hurricane Irma; Like Harvey, Extension Filers Have Until Jan. 31 to File; Additional Relief Planned

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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