Capitol to Courthouse Florida Insurance Report: Friday, November 1
Nov 1, 2013
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There are no events scheduled for today.
Bolt Solutions Inc., which provides property/casualty insurance online distribution and comparative rating platforms, has acquired Austin, Texas based Superior Access Insurance Services Inc. (SAIS), which it says is the industry’s largest online insurance aggregator, Insurance Journal reports.
A year of undercover work came to a head Thursday. Detectives busted five people in southwest Florida accused of stealing tens of thousands of dollars from insurance companies as part of a Personal Injury Protection (PIP) fraud ring. Investigators say this crime hurts everyone because it drives up your insurance rates, WINK-TV news reports.
Limits on contributions to individual campaigns will increase on Friday from $500 to $1,000 for legislative races and $3,000 for statewide races, The Florida Current’s Gray Rohrer reports.
Gov. Rick Scott signed an executive order Thursday calling for a special election in Pinellas County’s 13th Congressional District so voters can elect a replacement for the late U.S. Rep. C.W. Bill Young. The primary election will be Jan. 14, 2014, and the general election will be March 11, 2014, Tampa Bay Times’ Steve Bousquet blogs.
It was only last year that Gov. Rick Scott’s Department of Corrections trumpeted the news that it was shutting down several state prisons in a cost-cutting move, Tampa Bay Times’ Steve Bousquet blogs.
State economists will gather again Monday to try to determine whether a proposed medicinal marijuana amendment to the state constitution will increase the cost of government, James Call reports for the Florida Current.
Since the law has been enacted, Marion County authorities have issued two citations for texting while driving, according to court records, Austin Miller reports for the Ocala Star-Banner.
The board of Enterprise Florida, the organization set up to lure companies to the state, approved a new two-year contract on Thursday for president and CEO Gray Swoope. The new contract allows Swoope to make up to $375,000 in salary and bonuses – or a 25 percent increase over what he makes now, the Miami Herald’s Michael J. Mishak reports.
Thursday marks the final day for Floridians to share their thoughts on the controversial Common Core State Standards, Kathleen McGrory reports on Tampa Bay Times “The Buzz” blog.
New York property and casualty insurance industry officials are questioning a statement from Gov. Andrew W. Cuomo that workers compensation premiums for state employers will decline by 26 percent next year, Arthur Postal reports for National Underwriter’s PropertyCasualty360.com.
Back in September, the Delaware Compensation Rating Bureau (DCRB) told the state’s Department of Insurance that claims data warrant a roughly 40 percent annual increase in workers’ compensation premiums in 2014, www.WCI360.com‘s Joan Collier explains.
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