Capitol to Courthouse Florida Insurance Report: Monday, April 18
Apr 18, 2011
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.
Florida’s 2011 Regular Legislative Session
- Click here for today’s Senate block calendar
- Click here for today’s House of Representatives block calendar
10:30 a.m.–Florida Surplus Lines Service Office (“FSLSO”) Audit Committee meeting. Agenda includes a review of the FSLSO 2010 financial audit. To view the meeting notice, click here.
11:00 a.m.–FSLSO Compensation Committee meeting. Agenda includes a review of the FSLSO Performance Management Program. To view the meeting notice, click here.
1:00 p.m.–FSLSO Board of Governors meeting. To view the meeting notice, click here.
Time running out for insurance reform bills
Various bills designed to shore up the private insurance market and lure more companies to Florida are on shaky ground.
Complaining about fraud, frivolous claims and people who spend Insurance payouts on items other than home repairs, insurance companies have convinced lawmakers to free them from providing comprehensive sinkhole coverage.
Complaining about fraud, frivolous claims and people who spend Insurance payouts on items other than home repairs, insurance companies have persuaded lawmakers to free them from providing comprehensive sinkhole coverage.
Citizens Property Insurance Corp., a state-run company, is the largest insurer of homes and other property in Florida at 1.3 million policies in 2010.
HB 13, repealing the statewide inspection tank requirement, is now set for final approval.
A lawsuit filed by an Arizona homeowner against one of the nation’s largest drywall manufacturers was voluntarily dismissed, National Gypsum said this week.
It’s too burdensome financially for someone with a septic tank to pay $250 to $500 every 5 years to have the tank inspected, but it’s OK to pass an Insurance bill that will raise all Floridians’ insurance rates to a level that will financially burden them.
How do you thank a small group of residents who get it? On April 12, Trish Hintze, Ava Bianchino, Stacie Kidwell, Brigid Moyer and Laura Hutt held a charitable event to help fund Fair Insurance Rates in Monroe, the only nonprofit, grassroots organization in Monroe County that has been fighting windstorm legislation since 2006.
The Senate Banking and Insurance Committee passed a bill this week targeting fraud in Florida’s automotive personal injury protection insurance industry.
A bill in the Legislature would allow police to write tickets for drivers who drive too slowly for traffic in the left, passing lane.
Doctors, trial lawyers, nursing homes and Insurance companies are all vying for influence over an issue that will be decided as the Legislature moves toward its scheduled May 6 adjournment.
The high price of produce, especially for tomatoes after the deep winter freezes, has attracted more than heightened attention from consumers. A ring of sophisticated vegetable bandits was watching, too.
Q: I recently booked a trip to Colorado Springs on American Airlines. I paid for the tickets with a credit I’d received after canceling a previous flight, plus $350 in fees. I bought travel insurance from Access America, which is offered through the American Airlines website.
Brown & Brown is proceeding with its lawsuit against a team of former executives.
A longtime Brown & Brown employee has been named regional vice president.
A House Committee should consider impeaching 1st District Court Judges Paul Hawkes and Brad Thomas for their role in building a new courthouse critics call a “Taj Mahal,” says Rep. Franklin Sands, D-Plantation.
House backs it on 79-38 party-lines vote, but bill’s fate uncertain in Senate
After two hours of contentious debate, the Florida House voted on Friday to approve forwarding a proposed constitutional amendment to the voters. The proposal passed on a vote that mirrored party lines, with 79 Republicans backing the controversial measure and 38 Democrats voting against it.
A Florida Senate panel approved a sweeping set of changes to an election bill that bring it more in line with a House measure that has good-government groups up in arms over provisions they say would suppress voters’ access to the polls.
A key Senate committee weakened a “paycheck protection” bill Friday, allowing unions to continue automatic deductions from earnings of member public employees but making them pass the hat separately for political campaigning.
Southwest Florida college students can expect to pay more for school.
Proclaiming “a great day for Florida,” Governor Rick Scott said Friday the state’s unemployment rate for March was 11.1 percent – down nearly a full percent since he took office at the start of the year.
A break for first-time homebuyers.
A sweeping rewrite of 26 years of growth management law received swift approval from the Senate Environmental Conservation Committee on Thursday, opening the way for the most substantial change in Florida development law in decades.
Wednesday’s anniversary of the Deepwater Horizon oil spill finds Governor Rick Scott, a health care mogul and one of the most business-friendly chief executives Florida has ever known, at a critical juncture.
Federal regulators Friday shut down the Birmingham, Ala.-based Superior Bank, including three offices in Tallahassee. The 73 branches of Superior Bank re-opened Saturday as branches of Superior Bank, N.A.
Superior Bank — a $3 billion Birmingham, Ala.-based institution that absorbed People’s Community Bank of Sarasota just before the onset of the Great Recession — was shuttered by regulators late Friday.
As budget negotiations between the House and Senate appear stalled, and with just three weeks left until the scheduled end of the 60-day annual session, the Legislature shuts down Monday in observance of the Passover holiday.
With a former corporate executive in Governor Rick Scott and growing Republican supermajorities controlling the Legislature, Florida is poised to enact sweeping “pro-business” and deregulatory changes in the next three weeks.
Don’t think that because tax-hating Republicans dominate the Legislature that your wallet is safe. Legislators are likely to tell property Insurance companies to raise your rates big-time.
Kevin Clinton, an experienced Michigan Insurance executive, is the state’s new commissioner overseeing health insurance, banking and securities issues for the Office of Financial and Insurance Regulation.
Texas Windstorm Insurance Association is in a condition that makes its continuation in business hazardous to the public or to its policyholders, as it appears that its management does not have the experience, competence, or trustworthiness to operate TWIA in a safe and sound manner.
Auto insurers are looking to change the way rates are set in North Carolina but that’s not going to happen if Insurance Commissioner Wayne Goodwin has his way.
Catastrophe models are a great tool but even the person who created the first one is worried that they are being given more influence than they deserve.
State Farm plans to begin increasing or lowering some of its Illinois policy holders’ rates next year based on how far they drive.
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