Capitol to Courthouse Florida Insurance Report: Monday, September 10

Sep 10, 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


There are no Florida insurance-related events scheduled for today.



Daily Insurance-Related News


Citizens’ Property Insurance planned loan program derided as “corporate welfare”

Citizens Property Insurance Corp. board members voted Friday to move forward with a plan to use surplus funds to lend up to $350 million to private companies that take over their policies, but not before the plan was criticized as “corporate welfare” by one of the state-run company’s biggest detractors.


    Citizens Property Insurance imposes controls on business travel for executives

    Prompted by public criticism over pricey hotels and high-end meals, Citizens Property Insurance Corp. will roll back executive travel privileges and adhere to federal government expense guidelines for reimbursement, the company’s CEO announced Friday as part of a wider effort to restore confidence in the state-backed insurer.


    Cities, counties look for federal help with Tropical Storm Isaac overtime costs

    Before Tropical Storm Isaac hit Collier County as an overblown rainstorm, law enforcement officers prepared for the worst.


    Wind patterns drive Florida’s long lucky streak with storms  

    Wind patterns in the atmosphere have shielded Florida from every hurricane that has formed for nearly seven years.


    Insurers, financial planners still spar over Florida’s new annuity-sales law to protect seniors

    Less than two years after a new Florida law imposed tougher regulations on the sale of annuities to older investors, state officials say consumer complaints and enforcement actions triggered by dubious marketing practices have fallen, an indication the law may be having its intended effect.


    New incident commander appointed to handle Tuberculosis outbreak

    Bonnie Sorensen, director of the Volusia County Health Department, is taking the lead in controlling the Duval County tuberculosis outbreak. 


    Lee Memorial joining trend of opening hospital-based pharmacies

    Having to fill prescriptions is a necessary evil for hospital patients when they get discharged, but some Southwest Florida hospitals can make that chore go away.


    High court hears arguments on pension case

    For Governor Rick Scott and the Republican Legislature, the issues in a $2 billion public-pension lawsuit heard by the Florida Supreme Court on Friday are a legal thicket of union collective-bargaining rights and of political power to set state budgets in tough economic times.


    Florida Board of Education remains in hunt for new state commissioner

    The search for a new Florida Education Commissioner is on a fast track, but the search firm hired to screen potential candidates may ask for more time


    Governor Rick Scott plans tour of Florida schools 

    Governor Rick Scott will be touring schools across Florida to talk to teachers, students and parents about improving education.


    Blog:  Republican Party of Florida locks in $2 million in ad time for Dorothy Hukill

    The Republican Party of Florida has locked in $2 million worth of television advertising time for Senate candidate Dorothy Hukill, in what will be one of the most expensive legislative races in Florida this fall.


    Florida Senate race tough to assess

    Some political experts are having a tough time assessing Florida’s U.S. Senate race.


    Isaac Will Not Trigger Louisiana Citizens Property Insurance Catastrophe Bond; Losses to be Half of Gustav

    Losses from Hurricane Isaac will not be as severe as they were from Hurricane Gustav for Louisiana residents, says the state’s insurance commissioner.


    IRS extends some deadlines because of Hurricane Isaac

    The Answer Spot addresses post-Hurricane Katrina questions.


    Texas District Attorney Investigating State Farm Hurricane Claims

    Texas investigators have opened a criminal probe into how State Farm handled what may turn out to be thousands of insurance claims from Gulf Coast homeowners involving damage from Hurricane Ike in 2008, officials said.


    Hurricane Ike Claims Still Being Filed Four Years Later

    Nearly four years after Hurricane Ike made landfall near Galveston Island, coastal residents are still filing claims and hundreds of lawsuits.


    Gaurav D. Garg Joins Mercer as Region Leader, Growth Markets 

    Gaurav D. Garg will join Mercer effective 12 September as Region Leader, Growth Markets, incorporating Mercer’s businesses in Asia, Middle East, Africa and Latin America, where Mercer presently has operations in 20 countries, it was announced today by Julio A. Portalatin, Mercer President and CEO.



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