Capitol to Courthouse Florida Insurance Report–Friday, June 6, 2014

Jun 6, 2014


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.




Daily Florida Insurance-Related Events

There are no events scheduled for today.



Daily Florida Insurance-Related News

Florida Office of Insurance Regulation Approves Removal of up to 15,000 Policies for the August Citizens Insurance Take-Out

The Florida Office of Insurance Regulation has approved the removal of up to 15,000 multi-peril personal residential policies from Citizens Property Insurance Corporation to Heritage Property & Casualty Insurance Company.


Orange schools doing virtual building inspections by video

The Orange County School Board has started allowing contractors to get virtual building inspections by live-streaming their job sites to the computer screen of inspectors, Mary Shanklin reports for the Orlando Sentinel.


Hurricane Sales Tax Holiday Isn’t Drawing Crowds

In the midst of a nine-day sales-tax holiday that allows residents to stock up on hurricane-season essentials, it appears that relatively few shoppers are taking advantage of the savings, Orlando Sentinel’s Sara Clarke reports.


MDW Insurance Group Ranked 11th on List of Top Insurance Agencies In South Florida

MDW Insurance Group, headquartered in Coral Gables, ranked number 11 on South Florida Business Journal’s 2013 list of the Top 25 Insurance Brokers in South Florida, reports.


A.M. Best Assigns Ratings to Tampa-based Safepoint Insurance Company

A.M. Best has assigned a financial strength rating of B (Fair) and an issuer credit rating of “bb” to Tampa-based Safepoint Insurance Company.  The outlook assigned to both ratings is stable. reports.


Brittany Harris Joins Olympus Insurance

Olympus Insurance Company, an A rated Florida property insurance company, announced today that Brittany Harris has joined the company, a news release reports.


Florida sues Veterans Affairs seeking right to inspect Veteran’s Administration hospitals

After six rebuffed attempts to inspect Veterans Affairs hospitals in Florida this spring, the Florida Agency for Health Care Administration filed suit in federal court Thursday trying to force the federal agency to allow state inspections, Orlando Sentinel’s Scott Powers writes for the “Central Florida Political Pulse” blog.


Big Bills Head to Rick Scott’s Desk

Some of the biggest bills of this year’s legislative session have made their way to the desk of Governor Rick Scott yesterday, THE NEWS SERVICE OF FLORIDAR reports via the Tampa Tribune’s “Fresh Squeezed Politics” blog.


State Representative Ray Rodrigues Draws Republican Challenger In House District 76

State Representative Ray Rodrigues has drawn a rematch of the 2012 Republican primary in his re-election effort for Florida’s House District 76, reports.


Orlando is Florida’s 4th largest city, passing St. Pete

Orlando now has more people than St. Petersburg, making it Florida’s fourth largest city, the Associated Press reports via the Miami Herald.  


FSU faculty OKs no-confidence vote on head hunter

One day after Florida State re-opened its search for a new president, the university’s Faculty Senate approved four resolutions including a vote of no-confidence in William Funk, the head hunter FSU hired in April, Tallahassee Democrat’s Doug Blackburn reports.


FSU, U.S. Justice Department Reach Americans With Disabilities Act Settlement

U.S. Department of Justice officials say they’ve reached a settlement with Florida State University concerning hiring practices by the campus police department that violated the Americans with Disabilities Act, the Associated Press reports via the Tampa Tribune.


S&P Loses Bid to Keep 16 States’ Lawsuits Over Ratings in Federal Court

Standard & Poor’s suffered a defeat on Tuesday in litigation accusing it of issuing misleading credit ratings prior to the 2008 financial crisis, as a federal judge ruled that lawsuits by 16 U.S. states and Washington, D.C. belong in state courts, not federal court, Reuters’ Jonathan Stempel reports via Insurance Journal.


U.S. Representative Peter King:   TRIA Renewal Likely to Be at Least 5 Years

The U.S. House Financial Services Committee should vote on TRIA-extension legislation in the third or fourth week of June, but the version that comes out of the committee will not likely be what ultimately passes Congress, Rep. Peter King, R-NY, says.  Phil Gusman reports for National Underwriter’s


Remarks of Federal Insurance Office Director Michael McRaith at Standard And Poor’s 30th Annual Insurance Conference

The insurance sector, both internationally and in the United States, is evolving dramatically, and it is important that we take these opportunities to reflect upon where we are now and where we are going, Federal Insurance Office Director Michael McRaith told the audience at yesterday’s Standard & Poor’s 30th Annual Insurance Conference.


94-Year-Old Doctor, Insurance Industry Retiree Remembers D-Day 70 years later

After a career as a doctor, Jack Hughes spent another decade working in insurance part-time.  He shared his D-Day experience with Dawn Baumgartner Vaughan of North Carolina’s Herald-Sun via


Guy Carpenter’s Lara Mowery Featured in Intelligent Insurer’s 40 Influential Women in Reinsurance

Lara Mowery leads Guy Carpenter’s global property specialty practice group, which has responsibility for understanding all aspects of the property reinsurance marketplace and providing the framework for the direction of Guy Carpenter’s thought leadership and tactical execution of its property initiatives.




Click here to follow Colodny Fass& Webb on Twitter (@CFTLAWcom)




To unsubscribe from this newsletter, please send an e-mail to Brooke Ellis at