Capitol to Courthouse Florida Insurance Report: Monday, October 22

Oct 22, 2012


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


9:00 a.m.–Florida Hurricane Catastrophe Fund (“FHCF”) Proposed Rule Hearing; Proposed amendments to Rule 19-8.010 would adopt the 2013-2014 FHCF Reimbursement Contract, including the Addenda and Optional Amendment, and would remove obsolete material.  To view the hearing notice, click here.

1:00 p.m.–FHCF Advisory Council meeting; If the above Rule Hearing is requested, the Advisory Council will meet to review public comments.  Teleconference:  888-670-3525; conference code:  7135858151.  To view the meeting notice, click here.



    Daily Insurance-Related News


    Citizens Property Insurance loan incentive program to get second, third look

    Goldman Sachs and a second firm will get $200,000 each to review a controversial program that would give loans to private companies that take on Citizens Property Insurance Corp. policies.


    BusinessWeek:  Florida regulators approve more takeout for Citizens Property Insurance

    Florida insurance regulators have announced the approval of another 60,000 policies for removal from the state-backed Citizens Property Insurance Corp.


    Citizens Property Insurance rule may be taxing

    As the housing market recovers from the six-year bust, a new rule from the state-run insurer of last resort could make it more difficult to get insurance for and sell older homes, industry observers say.


    Home insurance high on Florida stress list

    Floridians say it outweighs property taxes as a financial concern in a new survey.

    Three Medley cops ordered fired for traffic accident cover-up

    The three officers allegedly pinned the blame on an officer-involved wreck on another driver, falsely cuffing him for DUI.


    Opinion:  Floridians have big stake in debate on climate

    As President Barack Obama and Governor Mitt Romney square off in Boca Raton tonight to debate foreign policy, Floridians would do well to listen closely to their prescriptions for a world-sized challenge.


    State Representative Jeff Clemens wins in court, State Representative Mack Bernard concedes

    State Representative Jeff Clemens has successfully defended his victory in the Democratic primary for Senate District 27. 


    Former Republican state Legislator Nancy Argenziano sues GOP over mass mailing

    Former Republican state legislator Nancy Argenziano, waging a rugged comeback campaign as an independent, is suing her former party over a mass mailing that alleges “she violated the law” by briefly trying to run for Congress as a Democrat early this year.


    Ellyn Bogdanoff and Maria Sachs Florida Senate race is down to the wire

    Ellyn Bogdanoff and Maria Sachs concede that their multi-million-dollar battle for a state Senate seat has little to do with them individually — and a lot to do with partisan control of the Florida Senate.


    Doc Renuart faces underdog for Florida House seat in District 18

    Being the only physician eligible for re-election in state government, Rep. Ronald “Doc” Renuart said he brings with him the experience necessary to wade through a multitude of health-care issues if returned to Tallahassee representing House District 18.


    Campaign Profile:  GOP uses money cudgel in Florida Senate District 8 race

    Senate District 8 is one of three seats Democrats hope to pick up and make inroads into the Republicans’ supermajority in the 40-member chamber, but those hopes could give way to an overwhelming GOP cash advantage.


    Mia Jones runs for re-election in Florida House District 14

    State Representative Mia Jones said she is already gearing up for a return to Tallahassee representing the residents of House District 14.


    Two vie for Florida Senate District 21

    Florida state Senate District 21 stretches from Lake Okeechobee all the way to west-central Florida. Rookie battles veteran in state House race.


    A look at some industries that fare well in South Florida

    Tom Hanks and the merengue rarely factor into economic analysis, but they both briefly combined to highlight a thriving sector in South Florida’s economy.


    Louisiana Supreme Court Reduces Insurer Citizens’ Property Insurance Late Payment Penalty

    The Louisiana Supreme Court has relieved the state’s property insurer of last resort of the burden of paying a $125,000 penalty for late payment of a claim settlement stemming from Hurricane Gustav in 2008.




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



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