Capitol to Courthouse Florida Insurance Report: Friday, September 28
Sep 28, 2012
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Daily Florida Insurance-Related Events
There are no Florida insurance-related events scheduled for today.
4 Florida companies to pay $1.6 million in fines to get out of optional reinsurance coverage
Four private companies that missed the deadline to opt out of Florida’s optional reinsurance coverage will be able to pay $1.6 million in fines to avoid making payments on the coverage that would have cost as much as $4 million for one of the companies.
Deadline approaches for warrants issued in Homeowners Choice IPO
The board of directors of Homeowners Choice Inc. has set October 27 has the cancellation date for warrants issued in the company’s initial public offering.
Blog: VISIT Florida president leaves to head up fed’s new tourism organism
Chris Thompson, the president and CEO of VISIT Florida, was on Thursday named president and CEO of Brand USA, a public-private partnership recently created to support the nation’s travel industry.
More massage licenses suspended in probe of links to prostitution, human trafficking
Florida Secretary of Health John Armstrong has suspended the licenses of 161 massage therapist in a transcript-buying scandal that investigators think may be tied to a human trafficking.
Blog: Florida District 65 race gets negative
In 2006 and 2008, Republican Peter Nehr beat Democrat Carl Zimmermann in close, hard-fought races for the state House of Representatives in northern Pinellas County’s District 48.
Blog: Disney World flexing its bicep in Florida elections
Walt Disney World has spent nearly $2.5 million on political candidates and causes in Florida so far this election cycle, according to an Orlando Sentinel review of state records, as the giant resort attempts to influence elections from the Keys to the Panhandle.
Pain in the Assets? Realtors, Local Governments Debate Florida Property Tax Amendment
Of all the campaigns surrounding the Sunshine State’s 2012 ballot initiatives, the one promoting Amendment 4 is easily the most colorful.
Sears Holdings moves to private exchange for health insurance
Sears Holdings Corp. has adopted a new approach to medical insurance that provides employees more choice in an effort to control its health care costs.
A.M. Best: New Insurance-Growth Regions Need Tighter Regulations
A report from A.M. Best says insurance regulators in developing nations need better data and stricter risk-based supervisory models to preserve solvency as the markets in these countries grow.
Insurance buyers like bundling
Despite charging higher rates, insurers are generating record customer satisfaction results by bundling products for time-pressed consumers, according to a survey released Thursday by J.D. Power and Associates.
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