Capitol to Courthouse Florida Insurance Report: Monday, November 18

Nov 18, 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 events scheduled for today.

 

 

Daily Florida Insurance-Related News

 

Going where others fear to tread pays off for CEO of Homeowners Choice Insurance

Paresh Patel was a semiretired tech guy in late 2006 when he decided to jump into something he admittedly knew nothing about: homeowners insurance, Tampa Bay Times’ Jeff Harrington reports.

 

Blog:  Florida man’s flood insurance bill soars 900 percent to $43,885

Palm Beach Post’s Charles Elmore reports that Aaron Greenwood purchased a Florida home this year figuring the flood insurance premium was $4,397 a year.

 

Newfoundland and Labrador’s couple’s insurance claim for Florida accident stands up in court

A couple from Newfoundland and Labrador is entitled to make an insurance claim as passengers in a vehicle involved in an accident while they were vacationing in Florida, according to a Supreme Court of Newfoundland and Labrador decision, TheTelegram.com reports.

 

Influential Pasco County legislators vow action on bill governing private water utilities

Two Pasco County legislators with ties to leadership say they will push the Legislature in 2014 to pass a bill overhauling regulation of private water utilities, The Florida Current’s Bruce Ritchie reports.

 

Unemployment benefit delays could linger into holiday season

As the holiday shopping season approaches, unemployed workers in Florida seeking jobless benefits – many of whom are already experiencing delays stemming from a transition to a new computer system last month – could see additional, albeit comparatively minor, delays in December, The Florida Current’s Gray Rohrer reports.

 

State Representative Jose Felix Diaz named to key national energy panel

Florida State Representative Jose Felix Diaz was recently named as a member of the board for the Energy Producing States Coalition. Diaz who chairs the Florida House’s Energy & Utilities Committee will be the first member of the EPSC from Florida, Peter Schorsch reports for SaintPetersBlog.com.

 

Florida Shifts Away From Republicans With Minority Influx

Johnny Carson once described St. Petersburg, Florida, as “God’s waiting room,” relates Toluse Olorunnipa for Bloomberg.com.

 

Why do Canadian banks come to Florida?  Because Canadians do

You probably won’t hear bankers humming “O Canada!” at any Southwest Florida bank branches — even though one Canadian bank has already established a Top 10 presence here and another is considered a likely candidate to move into the region, Sarasota Herald-Tribune’s John Hielscher reports.

 

Some Stories of Floridians Serving Life Without Parole for Nonviolent Crimes

Thousands of people across America are serving life sentences for relatively minor crimes. Of those, 270 are in Florida prisons, serving life after committing nonviolent crimes, Watchdog.org’s Marianela Toledo reports via SunshineStateNews.com.

 

D.C. names insurance commissioner

The D.C. city government has named Chester A. McPherson as the new acting insurance commissioner, days after the former commissioner was fired following his statement against the White House’s administrative fix on cancelled insurance plans, Politico.com reports.

 

U.S. Senate Vote to Delay Flood Rate Hikes Could Come Before Thanksgiving

A Senate vote on legislation that would delay flood insurance premium increases for up to four years may take place next week, Arthur Postal reports for National Underwriter’s PropertyCasualty360.com.

 

Louisiana Town May Lose Police Protection Over Insurance Coverage

With just five days remaining until liability insurance coverage for the Sorrento Police Department ends, officials in the Louisiana town are quickly running out of options to continue police protection for residents, Associated Press reports via Insurance Journal.

 

 

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