James Kotas is leaving FCCI Insurance Group to lobby for Darden Concepts Inc., a national restaurant chain with brands that include The Capital Grille, LongHorn Steakhouse, and Olive Garden.
Citizens Property Insurance Corp. faces $1.2 billion in losses following Hurricane Irma, Board of Governors chair Christopher Gardner reported Wednesday.
Insurance claims from Hurricane Irma now have surpassed $2 billion, the Office of Insurance Regulation announced Tuesday. As of 4 p.m. Monday, 372,281 claims represented $2,168,674,31 in dollar losses.
State regulators have received notice of more than 335,000 insurance claims since Hurricane Irma hit Florida, mostly concentrated in Central and South Florida, with losses nearing $2 billion. The bottom line as of 4 p.m. Sunday was 335,347 claims, according to the Office of Insurance Regulation. Total estimated insurance losses were $1,954,947,889.
Gov. Rick Scott has ordered a three-month freeze on insurance rate increases for homeowners struggling to recover from Hurricane Irma — plus a three-month grace period for policyholders who received non-renewal or cancellation notices just before the storm hit.
The Legislature concluded its special session with about an hour and 20 minutes to spare Friday, after voting to improve funding for public schools, colleges, and universities, and revamping the way the state encourages economic growth. While they were at it, the lawmakers passed an implementing bill for the medical marijuana constitutional amendment the voters approved last year. House Speaker Richard Corcoran and Senate President Joe Negron gaveled their chambers into adjournment at around 4:40 p.m. — well in advance…
Gov. Rick Scott expanded the call of the Legislature’s special session Friday to include money he wants to repair the Herbert Hoover Dike and higher education investments important to the Senate. House Speaker Richard Corcoran had proposed both items in a letter to Scott earlier in the day. Meanwhile, the Senate went into recess pending what President Joe Negron referred to as “an amendment being prepared based on current developments.” Corcoran posited the dam project as economic development spending, fully compatible…