Capitol to Courthouse Florida Insurance Report: Friday, August 2
Aug 2, 2013
To go directly to the section of your choice, click on a hyperlink below. Other hyperlinks to meeting information, bills and news are noted in bold type.
There are no insurance-related events scheduled for today.
Florida Sen. Jeff Brandes has clear opinions about the use of red-light cameras on state and local roads – he’s opposed – but, for now, he’s doing a good impression of “Dragnet’s” Sgt. Joe Friday. a Lakeland Ledger editorial says.
State Rep. Frank Artiles is examining a run for Florida’s most-scandalous Congressional seat in a bid that could spell a bloody GOP primary in the shadow of big-dollar outside interests from the Genting Group casino company to the Miami Dolphins, blogs Marc Caputo for the Miami Herald.
Arthur Jay England Jr., a Florida Supreme Court justice from 1975-1981 and its chief justice from 1978-1980, authored Florida’s Corporate Income Tax Code, the 1973 Deceptive and Unfair Trade Practices Act – known as the “Little FTC Act” – and the Florida Administrative Procedures Act, the Miami Herald reports.
Milwaukee-based Assurant Health says it will participate in Affordable Care Act state insurance exchanges starting in 2015, and disputed an earlier report about entering the Florida marketplace in 2014, Rich Kirchen reports for the Milwaukee Business Journal.
Education Commissioner Tony Bennett resigned Thursday saying he did nothing wrong, that he will be cleared of allegations he manipulated school grades in Indiana to benefit a prominent campaign contributor, and that he does not want to distract from efforts to improve Florida schools.
- Florida to name interim schools chief Friday after resignation
- Tony Bennett’s Resignation Buoys Testing Critics
- Blog: Democratic lawmakers to call for return of elected Education Commissioner
Amos Rojas Jr., who heads anti-money-laundering efforts for the Miami-Dade State Attorney’s Office, was nominated Thursday by President Barack Obama to serve as the U.S. Marshal for the Southern District of Florida, Marc Caputo reports for the Miami Herald.
Duke Energy Florida announced Thursday it was canceling its proposed nuclear plant in Levy County as part of a multiyear agreement with consumer advocates.
After collecting $3.2 million in June, fundraising slowed a bit in July for the political committee backing Gov. Rick Scott’s re-election bid, THE NEWS SERVICE OF FLORIDA reports via SaintPetersBlog.com.
This week, Panama City trial attorney Waylon Thompson joined a crowded field of Republican candidates who are running for the Florida House seat currently held by Rep. Jimmy Patronis, R-Panama City, who faces term limits in 2014, Kevin Derby reports for SunshineStateNews.com.
A Jacksonville “Internet café” reopened only a few months after the Florida Legislature outlawed the strip-mall gaming centers, as a test case on how they can adapt to the new laws, SaintPetersBlog.com reports.
Reinsurance intermediary Guy Carpenter and catastrophe modeling firm Risk Management Solutions say they helped the Metropolitan Transportation Authority sell the first-ever bond to protect against storm surge, Chad Hemenway reports for National Underwriter’s PropertyCasualty360.com.
A new report by Fitch Ratings paints a dire picture if Congress’ fails to renew the Terrorism Risk Insurance Act, Arthur Postal reports for National Underwriter’s PropertyCasualty360.com.
The National Association of Insurance Commissioners is pursuing a new model law to allow for a framework to collect confidential information on insurers’ corporate governance practices, Elizabeth Festa reports for National Underwriter’s PropertyCasualty360.com.
A lawsuit by 11 states and a Texas bank challenging the Dodd-Frank law’s financial regulation overhaul was dismissed by a federal judge, Joe Rosenblatt reports for Insurance Journal.
The biggest news in the reinsurance marketplace over the past 12 months has been the influx of an estimated $50 billion in new capital, including more than $35 billion from nontraditional sources such as hedge funds and pension funds, Michael Voelker writes for National Underwriter’s PropertyCasualty360.com.
The ongoing efforts of the Ohio Bureau of Workers’ Compensation to detect, investigate and prosecute fraud are paying off, Christina Bramlet reports for National Underwriter’s PropertyCasualty360.com.
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