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Property Casualty Insurers “disappointed” by failure to pass ride-sharing regulation

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The Property Casualty Insurers Association of America said it was disappointed lawmakers capped off the 2016 Legislative Session without passing insurance regulations for Uber and Lyft drivers. “Twenty-nine other states have passed legislation addressing insurance coverage requirements for TNCs, and it is past time for Florida to do the same,” the group said in a Friday email. “PCI will continue to work with lawmakers on a solution for 2017 so that this is the last year rideshare drivers and passengers…

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Ride-sharing bill advances in House Economics committee

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A bill that would create statewide regulations for transportation network companies (TNCs) passed through the House Economics Affairs Committee on Wednesday. This is the third year in a row that such legislation has come before Florida lawmakers.  Cities and counties creating their own rules on dealing with companies such as Uber and Lyft are applying more pressure than ever on the Legislature to craft an all-encompassing statewide bill. As was the case in 2015, Fort Walton Beach Republican Matt Gaetz is…

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Charlie Crist vetoes sweeping property insurance bill

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From Julie Patel: Gov. Charlie Crist vetoed a broad property insurance bill, SB 2044, late Tuesday that would have made it easier for insurers to raise rates and reduce claims costs. Crist, who is running for a U.S. Senate seat, said in a memo about the veto that he’s concerned about the bill’s potential impact on policyholders. “I am most concerned about the expansion of the current expedited rate filing procedure for property insurers that makes it easier to increase Floridians’…

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