Capitol to Courthouse Florida Insurance Report: Friday, September 21

Sep 21, 2012

 

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 Florida insurance-related events scheduled for today.


 

Daily Insurance-Related News

 

Citizens Holds Forum In Miami Over Rate Hikes

Homeowners faced off against the state’s largest insurance company at a public hearing in Miami Thursday. Florida regulators held a forum on Citizens’ proposed rate hike.


    Federal appeals court reverses $7.2 million Florida hurricane insurance verdict, orders new trial

    A federal appellate court has reversed a $7.2 million judgment and ordered a new trial in a Florida hurricane insurance case.

     

    Prices to drop for Florida seniors on Medicare Advantage

    Just weeks from the opening of a new Medicare enrollment period, the federal government announced that most Florida seniors in private plans will pay less for their health coverage in 2013.

     

    Florida’s Fidelity Insurance takes control of J. Alexander’s restaurant chain

    It had to fend off rival suitors and lawsuits, but a Florida title insurance company has won the object of its affection, J. Alexander’s Corp.

     

    Climate-Related Disaster Coming Your Way? Your Insurance Could Bail

    When it comes to grappling with the effects of climate change, insurance companies could be on the verge of failing the very people they’re meant to protect.

     

    Blackstone to buy $1 billion worth of Tampa Bay homes for rentals

    A Wall Street behemoth plans to spend $1 billion on Tampa Bay’s hobbled housing market, dispatching teams of brokers to scour neighborhoods and buy hundreds of homes a month.

     

    Florida Awarded Over 3 Million for Disability Employment Initiative

    This round of funding is the third under the Disability Employment Initiative, which currently supports 16 state projects.

     

    Florida Education commissioner search to be extended

    Florida Education Commissioner Gerard Robinson resigned in July and departed Aug. 31.

     

    Georgia Supreme Court:  Gunshot Claim Not Barred by Workers’ Compensation Settlement

    A worker who unintentionally shot a co-worker can be sued in civil court since his actions were outside the scope of his normal duties and despite the fact the employer treated the shooting like a workers’ compensation claim, the Georgia Supreme Court recently ruled.

     

    Mississippi Court Hears Challenge to Death Certificate As Evidence in Accident

    Prosecutors have asked the Mississippi Supreme Court to reinstate the conviction of Jeffrey Dale Beecham, who won a new trial because the state failed to offer testimony to authenticate a death certificate in a fatal DUI case.


    Bill Exempting Agent Commissions from Medical Loss Ratio Passes U.S. House Committee, but Faces Hurdles

    Legislation that would exempt agent commissions from the medical loss ratio (MLR) calculation mandated under the healthcare-reform law passed a House committee today.

     

    Medicare Secondary Payment Bill Moves Forward; Enjoys Wide Support 

    A House panel today reported out legislation that would streamline enforcement of the Medicare Secondary Payment program.

     

    Duperreault to Retire from Marsh & McLennan

    Marsh & McLennan Companies, Inc. announced late yesterday that Brian Duperreault, the company’s president and chief executive officer will retire.

     

     

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