Capitol to Courthouse Florida Insurance Report: Monday, December 5

Dec 5, 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.

 

 

 

Daily Florida Insurance-Related Events

 

There are no insurance-related events scheduled for today.

 

 

Daily Insurance-Related News

 

Governor Rick Scott Wants to Halt Growth of State-Backed Citizens Property Insurance Corporation

Citizens Property Insurance Corporation is acting on a suggestion from Governor Rick Scott and moving toward decisions designed to shrink the size of the state-backed insurer and a corresponding risk to taxpayers.

 

Florida Legislators, Bermuda Trade Associations Voice Tax Concerns

Republican legislators from Florida and a trade group for Bermuda insurers are renewing their concerns about the potential high cost of raising taxes on offshore insurers as a means of addressing budget deficit and debt concerns.

 

Florida Couple sues Citizens Property Insurance Corporation for breach of contract in claim 

A Bay Area couple has filed a lawsuit against state-backed Citizens Insurance for breach of contract.

 

Long ‘Hurricane Tail’ Whips Up Florida Insurance Rates

Florida hasn’t been hit by a hurricane in six years, but a long “hurricane tail” continues to lash the insurance industry, a new report shows.

 

6 straight years without a hurricane … so why are insurance premiums rising? 

This week marked the end of the hurricane season and six years without a direct hurricane hit in Florida.

 

Some residents at Clearwater condominium complex remain powerless, in dark 

More than a month after a fire knocked out their electricity, residents of a Sunset Point Road condo complex remain frustrated and in the dark.

 

Do Medicare-eligible Florida drivers really need Personal Injury Protection?

At 83 years old, Gene Bachman believes he is a victim of fraud.

 

Florida anticipates Medicaid waiver approval in January

January is the new target date for final approval of the state’s Medicaid 1115 extension.

 

Census Department:  Florida poverty outstrips U.S. 

The recession of the past couple of years put more Florida residents into poverty and resulted in a decrease of median family income in much of the state, the U.S. Census Department reported Tuesday.

 

Senate Democrats hound Florida Attorney General Pam Bondi on foreclosure fraud

Senate Democrats published a video Thursday heavily criticizing Attorney General Pam Bondi’s handling of foreclosure fraud cases in the state.

 

Governor Rick Scott likely to have more modest approach to 2012 state budget

A month after being sworn in, Republican Rick Scott unveiled his first budget proposal as Florida’s governor, a lean – and, some said, mean – blueprint that included wholesale layoffs and deep spending cuts.

 

Blog:  Florida Senator Steve Oelrich looking looking at Congressional seat

State Senator Steve Oelrich told the Ocala Star Banner that he’ll run for Congress if preliminary changes to congressional districts remain in place.

 

Former Republican Party Chairman Jim Greer trial set for July

The trial of the former chair of the Republican Party of Florida is set for next July.

 

State legislators unlikely to deal with immigration reform in 2012 session

With budget and redistricting drama sure to clog up the 2012 state lawmaking session, Representative William Snyder thinks the Florida Legislature’s best chance to enact immigration reform might have come and gone with his bill’s demise last May.

 

Congressional candidate:  ‘Senate Map Fails Equal Protection Test for 3rd District’

In a new email, District 3 candidate Mike Yost says that the state Senate’s proposal for Florida new congressional map fails to meet equal protection standards, specifically in the district for which he is campaigning.

 

State legislators announce bipartisan effort to combat homelessness in Florida

State legislators have launched a bipartisan effort to combat Florida’s homelessness crisis, which garnered national attention this past weekend.

 

Broward corruption:  Alan Mendelsohn to pay fine, keep medical license after serving prison term

Former South Florida political power broker Alan Mendelsohn will be able to go back to his medical practice after serving a federal prison term for wire fraud conspiracy and other crimes, a state medical licensing board decided on Friday.

 

Florida economists struggle to pin down casino bill revenue impact

After failing to develop hard estimates on how the destination casino resort bills would affect Florida’s revenue, state economists decided to reconvene next week to arrive at a settled figure.

 

Barrel-racing foes win another round

Opponents of gambling on quarter horse barrel racing in Florida won another preliminary legal victory Friday as the number of lawsuits and administrative complaints filed over the issue continues to grow.

 

U.S. Department of Health and Human Services Rejects National Association of Insurance Commissioners Medical Loss Ratio Request

The National Association of Insurance Commissioners’ request for an exemption from the medical loss ratio provisions of the healthcare reform law for insurance agents has been rejected

 

State Farm Hikes Homeowner Policy Rates, Deductibles in Texas

A new insurance commissioner has allowed State Farm to charge higher rates and deductibles in Texas.

 

Most insurers met spending limits under law:  Government Accountability Office 

Most U.S. health insurers last year would have satisfied the much-disputed spending rules under President Barack Obama’s healthcare reform, according to a new report by a congressional watchdog agency.

 

 

 

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