Capitol to Courthouse Florida Insurance Report: Monday, February 3
Feb 3, 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.
There are no insurance-related events scheduled for today.
If you bought your Citizens’ policy through an agency that sells only one company – a captive agent – you may unknowingly buy a policy with an agent who has a “Limited Service Agreement” with that company, a reader writes to the Sun-Sentinel.
In the last few years, vast sinkholes have appeared overnight from as far afield as China and Guatemala, but it’s Florida where the fear is greatest, writes Professor Iain Stewart for BBC News.
A chemist at a Pensacola crime lab could have compromised hundreds of state drug cases, Florida Department of Law Enforcement Commissioner Gerald Bailey announced over the weekend. THE NEWS SERVICE OF FLORIDA’s Margie Menzel broke the story via SpaceCoastDaily.com.
Former House Majority Leader Carlos Lopez-Cantera will become Florida’s Lieutenant Governor today, SaintPetersBlog.com reports.
Legislators will address a variety of topics, including a hurricane-tax holiday, concealed weapons permits, a demonstration of telemedicine and a look at gambling and its impact on the state’s horse industry, Phil Ammann reports for SaintPetersBlog.com.
Florida Senate Republican leader Lizbeth Benacquisto is calling and telling supporters she intends to announce as soon as Monday that she’ll run for the congressional seat vacated by Trey Radel after a cocaine scandal, the Miami Herald’s Marc Caputo blogs on “Naked Politics.”
Florida filed a lawsuit in the U.S. Supreme Court on October 1 after Florida Governor Rick Scott said Georgia’s unrestrained growth and use of water threatened the Apalachicola Bay oyster industry, The Florida Current’s Bruce Ritchie reports.
Florida Senator Alan Hays has filed SB 612, looking to give preference to Florida-based busineses in contracts awarded by local governments that use state funds, The Florida Current’s Gray Rohrer reports.
Jorge Labarga will become the first Cuban-American chief justice of the Florida Supreme Court when he moves into the role July 1. Labarga, who has served on the court for five years, will head the state courts system amid funding questions and episodes of tension with the Legislature. THE NEWS SERVICE OF FLORIDA’s Margie Menzel interviews him below via SunshineStateNews.com.
Eric Eisnaugle wants to be speaker of the Florida House in 2021 — but first he has to get back to Tallahassee and he has drawn a major primary opponent, SunshineStateNews.com’s Jeff Henderson reports.
Former Florida Democratic Chairman Charlie Whitehead, who led the party through a potent era in the 1980s and returned to bring stability in 1999, died early Sunday in Panama City. He was 82. Palm Beach Post’s John Kennedy blogs for “Post on Politics.”
The U.S. Senate passed legislation on Thursday re-establishing the National Association of Registered Agents and Brokers, National Underwriter’s Arthur Postal reports for PropertyCasualty360.com.
While homeowners-insurance policy exclusions can burden consumers with significant out-of-pocket expenses, expanding policies to fill coverage gaps creates a new set of challenges, such as affordability issues, lower consumer demand as rates rise and regulatory approval for risk-based rates, the Government Accountability Office says. National Underwriter’s Phil Gusman reports for PropertyCasualty360.com.
A recent paper on insurance supervision by a Wharton School professor suggests that the industry’s current state-based regulatory system is out of date, is “focused on the wrong problems,” and that the federal government needs to play a stronger role in overseeing an industry that is becoming increasingly globalized, Arthur Postal writes for National Underwriter’s PropertyCasualty360.com.
Louisiana Citizens Property Insurance Corp. may have to return $16 million to homeowner customers who, for years, were charged a $65 application fee without their knowledge, the Associated Press reports.
A recent report by the Government Accountability Office found that many companies collect those data and provide them to third parties for traffic instructions or research. It also found the companies’ privacy practices were unclear, making it difficult for consumers to understand privacy risks, Brian Naylor reports for National Public Radio.
Deferred Action for Childhood Arrivals, a federal program for residents illegally brought to the United States as children, can receive a two-year exemption from possible deportation, a work permit and eligibility for a driver license, Gary White reports for the Lakeland Ledger.
Dallas-based SCA Promotions isn’t complaining despite paying a lot of Super Bowl claims, Insurance Journal reports.
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