Capitol to Courthouse Florida Insurance Report: Monday, April 7
Apr 7, 2014
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.
1:30 p.m.–Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Reinsurance Committee meeting. To view the agenda, click here.
Bank of America Corp. agreed to pay $228 million to settle claims the bank overcharged for insurance homeowners were forced to accept when their regular policies lapsed, Bloomberg’s Susannah Nesmith and Christie Smythe report.
A bill moving through the Florida Legislature was refashioned Friday to take aim at the Hillsborough County Public Transportation Commission, reports Kathleen McGrory via the Miami Herald’s “Naked Politics” blog.
With two Pompano Beach parasailing deaths since 2007 as a backdrop, state senators on Thursday gave unanimous final passage to a bill that would impose stricter rules on commercial parasailing operators, Tonya Alanez reports for the Sun-Sentinel.
Clinics that take only cash would be subject to inspection, oversight, the Associated Press reports via News4Jax.com.
Whether a Senate bill that would provide a price structure between pharmacy benefit managers and increase the price of medicine for state and university workers will be decided in an impact conference scheduled for Monday at the Capitol, Arek Sarkissian reports for The Florida Current.
Florida lawmakers have crossed the midpoint in their 60-day march to craft new laws, amend existing ones and agree on a roughly $75 billion budget for the next fiscal year, THE NEWS SERVICE OF FLORIDA reports via SunshineStateNews.com.
A House committee voted along straight party lines to close the Florida Retirement System to elected officials and top state managers Friday, despite impassioned arguments that Republicans are letting “the wolves of Wall Street” devour the pensions of hundreds of thousands of state and local government employees, The Florida Current’s Bill Cotterell reports.
The Florida Legislature is proving this spring that it’s a lot easier to pass a new tax break than it is to get rid of an old one, explains Jason Garcia for the Orlando Sentinel.
As she gears up to run for a second term, Holly Merrill Raschein is in the strange but envious position of holding a huge advantage despite representing a swing district in the Florida House, SunshineStateNews.com’s Jeff Henderson reports.
Keith Perry is starting to go to work as he runs for his third term in the Florida House even as his Democratic challenger is off to a solid start, Jeff Henderson reports for SunshineStateNews.com.
South Florida has dramatically improved its ability to attract venture capital, raking in more $300 million in 2013, Marcia Heroux Pounds reports for the Sun Sentinel.
Some of the influx of new wealthy residents to Florida are escaping from states like Minnesota, New Jersey and New York. States are going after the new residents for state taxes if they don’t think the residents are really Floridians, June Fletcher reports in this Naples Daily News subscription-access article.
Investors pumped $1.2 billion into catastrophe bonds in the first quarter of this year, dramatically increasing what amounts to a bet on a mild hurricane season this summer, MSNBC reports.
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