Capitol to Courthouse Florida Insurance Report: Monday, October 17

Oct 17, 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

 

10:00 a.m.–Florida Division of Insurance Agents and Agency Services (“IAAS”).  Proposed Rule Hearing.  Rule 69B-156.119, entitled “Application in Advertisement,” is being repealed because it is obsolete.  Rules 69B-156.120 and 69B-156.121, entitled “Enforcement Procedures” and “Filing for Review,” are being repealed because they are duplicative of Rules 69O-156.120 and 69O-156.121, respectively.  To view the hearing notice, click here.

11:00 a.m.–IAAS Proposed Rule Hearing.  To view the hearing notice, click here.  The following Rules are being repealed because they are obsolete:

  • 69B-177.001:  Salesmen Not to Imply Club is Insurance Company
  • 69B-177.002:  Persons Not Authorized to Solicit or Sell Insurance Unless Licensed as Insurance Agent

 

 

Daily Insurance-Related News

  

Flooding, sinkholes, mosquitoes — problems linger from last week’s storms                       

While many Central Floridians are getting ready to enjoy a beautiful weekend, some are still dealing with the affects of last weekend’s storms.

  

Scrap dealers resist new rules to discourage thieves

The guys who bought the “recycled” metal didn’t mind that it was stolen, and even made an enticing offer to the sellers:  Tell us where we can snatch home air-conditioners, and we’ll pay you more.

  

Florida County Encounters Problems with Breath Test Machines 

Prosecutors in Florida have decided not to use alcohol breath-test results in about 100 current driving under the influence cases in Sarasota and Manatee counties after learning about problematic breath-test machines.

  

Feds say yes to Florida’s Medicaid waiver extension …. again

This is the seventh time the federal government has agreed to extend Florida’s sweeping Medicaid 1115 waiver.

  

Florida’s drug database goes live 

After years of debate about privacy issues and deadly drug use, Florida doctors and pharmacists can start tapping into a state database today to check out patients’ prescription histories.

  

Universal’s A.K. Desai sides with Texas Governor Rick Perry

In a spartan, contemporary downtown office with black leather chairs and glistening metal and glass tables, A.K. Desai waxed on about the entrepreneurship of Henry Ford, the latest academic book he’s reading on health care reform, and where engineering fits in the future of Florida’s higher-education system.

  

Florida lawmakers return to work with many obstacles ahead

Already complicated by election year politics, lawmakers return again this week in preparation for an election year special session now less than three months away. 

 

Job incentive program losses claim unfounded, newspaper finds

Last week, Department of Economic Opportunity director Doug Darling told lawmakers that the state had awarded “millions of dollars” to companies in exchange for jobs that never happened, the Orlando Sentinel has found that such companies collected less that $24,000 from the state.

 

Blog:  Shadow inventory of foreclosed homes threatens to damage Florida’s recovery

Officially, there are 3.5 million homes for sale nationwide.

 

Orlando tourism leaders divided over casino gambling

Is casino gambling compatible with Central Florida’s family-oriented $28 billion tourism industry?

 

Florida Senate race for Mike Fasano’s seat could be titanic clash 

The race to fill Mike Fasano’s state Senate seat in 2012 is shaping up to be one of the most compelling in Pasco County, although it all depends on next year’s redistricting.

  

Florida Senate race for Evelyn Lynn’s seat heats up 

Say the race for the state Senate seat in Volusia County-dominated District 7 is the most competitive in Florida, and you won’t get much of an argument.

 

Florida lawmaker’s ‘zeal to repeal’ easier said than done

State Representative Ritch Workman has earned national notoriety for his idea to scrap a 22-year-old law that bans dwarf tossing in bars.

 

Blog:  Three vie for Mississippi Insurance Commissioner post in general election

Voters have three candidates to choose from in the race for Mississippi Insurance Commissioner in the November 8 general election:  Republican incumbent Commissioner Mike Chaney, Democrat Louis Fondren of Gautier, and Reform Party candidate Barbara Dale Washer.

 

Connecticut Regulators to Revise Hurricane Deductible Rules 

Connecticut insurance regulators are working on revising hurricane deductible rules in the wake of tropical storm Irene.

 

Lloyd’s Chair Sees New Insurance Office As Path To U.S. Regulator

Peter Levene, the outgoing chairman of Lloyd’s of London, said he believes the U.S. Treasury’s newly formed Federal Insurance Office will eventually become a national insurance regulator that would take over some duties from the states.

 

RIMS Opposes Proposed Reinsurance Tax Penalty

Legislation introduced that would place significant restrictions on domestic insurers that cede reinsurance to their foreign affiliates is being strongly opposed by the Risk and Insurance Management Society, which it says could ultimately impact capacity.

 

National Association of Professional Surplus Lines Offices Executive Director on Tax-Sharing Pacts:  It’s About What Works

Brady Kelley, the new executive director of the National Association of Professional Surplus Lines Offices, came over from the National Association of Insurance Commissioners.

 

 

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