Capitol to Courthouse Florida Insurance Report: Friday, September 20
Sep 20, 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.
9:00 a.m.–Citizens Property Insurance Corporation Board of Governors meeting. Dial-in: (866) 942-8686; conference ID: 5743735657#. To view the meeting materials, click here.
Yarden Lee Bracero, 39, a former Allstate employee in Jacksonville has been convicted of diverting insurance claims payments for her own personal use, according to Florida Chief Financial Officer Jeff Atwater, Associated Press reports via Insurance Journal.
Most insurance companies are awaiting the outcome of a court case challenging a new law designed to combat fraud and reduce premiums before filing for new rates next year, The Florida Current’s Gray Rohrer reports.
Florida has been shameless in attempting to destroy what top officials call “Obamacare,” with tactics that will deprive its own poor and middle-income citizens of the benefits of the national reform law, the New York Times Editorial Board writes.
Rick Scott intends to take his fight for random drug tests of tens of thousands of state employees all the way to the U.S. Supreme Court, a lawyer for the Republican governor told a federal judge Thursday, the Miami Herald’s Mary Ellen Klas blogs on Associated Press coverage.
The state Supreme Court took up a challenge Thursday to hundreds of millions of dollars in rate increases approved last year for Florida Power & Light after the utility reached an agreement with major electricity users, THE NEWS SERVICE OF FLORIDA’s Jim Saunders reports via SunshineStateNews.com.
Broward County‘s red-hot housing market is expected to cool off, but it hasn’t happened yet, Paul Owers reports for the Sun-Sentinel.
Florida gun owners are being advised to repack their bags before flying after a recent jump in seized firearms at airports across the state, the Sun-Sentinel reports.
A top official of Marsh, Inc. opened a congressional debate on the Terrorism Risk Insurance Act by saying the sunset of the federal backstop would make it difficult for insureds with significant exposures in major cities to get coverage, Arthur Postal reports for National Underwriter’s PropertyCasualty360.com.
New York state regulators have proposed a sweeping set of rules to reform the force-placed insurance industry, in the latest sign that the government is taking steps to correct what critics call an abusive industry practice that overcharges homeowners, AmericanBanker.com’s Chris Cumming reports.
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