Capitol to Courthouse Florida Insurance Report: Monday, July 29

Jul 29, 2013


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 Florida Insurance-Related News

State Representative John Wood:  Florida Property Insurance Reform is Needed

Property-insurance reform is necessary because Florida relies on the trinity of insurance market “stabilizers” known as the Citizens Property Insurance Corp., Florida Hurricane Catastrophe Fund and Florida Guaranty Insurance Association, State Representative John Wood writes in this Lakeland Ledger editorial opinion.


State Farm suing 1-800-ASK-GARY founder for fraud

State Farm Insurance is suing Dr. Gary Kompothecras, the Siesta Key chiropractor behind the accident and laywer hotline 1-800-ASK-GARY, reports WTSP-TV in Tampa.


Florida Blue Cross Overcharging by Billions, Re-organization Plan Opponents Say

The proposed reorganization of Florida’s largest health insurer will transfer $1.6 billion of the nonprofit company’s $2.8 billion surplus to a for-profit stock company and should be “rejected by regulators and protested by policyholders and the public,” one group opposing the plan says.  Charles Elmore reports for the Palm Beach Post.


Blog:  Florida deregulates health insurers, shifts blame to federal government

Your mailbox will be the next front in the national battle over health care reform, the Miami Herald’s Mary Ellen Klas reports.


Florida closer to regulating parasailing after latest accident

Suddenly, there’s new momentum behind legislation to regulate parasailing, Anthony Mann reports for the Sun-Sentinel.


Florida school grades plummet

Florida Education Commissioner Tony Bennett confirmed school district superintendents’ concerns Friday with the release of 2013 elementary and middle school grades, The Florida Current’s James Call reports.


Few Florida Lawmakers Initially Opposed Stand Your Ground

While the “Gunshine State” finds itself in the crosshairs of world public opinion, the lawmakers who approved “stand your ground” in 2005 have received little, if any, electoral blowback, writes Miami Herald/Tampa Bay Times’ Michael Van Sickler and Steve Bousquet in the Lakeland Ledger.


Looming budget cuts will cripple federal public defenders office

The top public defender for Florida’s Middle District is warning that her office, and others like it nationwide, would be crippled — imperiling the right of poor defendants to get a speedy trial — if Congress doesn’t prevent another round of deep budget cuts expected next year, Orlando Sentinel’s Mark Matthews reports.


Tax strategy saves time-share industry tens of millions

Orlando-based Marriott Vacations Worldwide Corp., the world’s No. 2 time-share seller, recently discovered an easy way to cut its U.S. tax bill: Pay some of it later.


Nan Rich brings her uphill run for governor to Tallahassee

Nan Rich is running for governor pretty much the way she ran the Senate minority caucus in her final two years as a Florida legislator, Bill Cotterell reports for The Florida Current.


Louisiana U.S. Senator Says Fugate Promotion Should Hinge on Flood Rate Stabilization

Sen. David Vitter, R-La. is urging President Barack Obama to wait before promoting FEMA Administrator Craig Fugate to secretary of the Department of Homeland Security, reports Bruce Alpert for the New Orleans Times-Picayune.


SAC Capital pleads not guilty; Bermuda reinsurance unit eyed

Billionaire investor Steven A. Cohen’s hedge fund pleaded not guilty on Friday to insider trading charges in federal court, as questions also surfaced about the future of SAC Capital’s Bermuda-based reinsurance unit, SAC Re, Reuters reports.


Sullivan to Join Texas Division of Workers’ Comp as Deputy Commissioner

The Texas Department of Insurance, Division of Workers’ Compensation announced that Kerry D. Sullivan will join the agency as Deputy Commissioner for Hearings, effective Sept. 3, 2013, Insurance Journal reports.



Click here to follow Colodny Fass& Webb on Twitter (@CFTLAWcom)




To unsubscribe from this newsletter, please send an e-mail to Brooke Ellis at