Capitol to Courthouse Florida Insurance Report: Thursday, August 1
Aug 1, 2013
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There are no insurance-related events scheduled for today.
An internal investigation by Citizens Property Insurance Corp. of Doug Fredericks, the state-run company’s information technology security manager, found he did not misuse company data but scolded him for “unprofessional communications” with his staff, Gray Rohrer reports for The Florida Current.
Should a Category 5 hurricane strike Lake Okeechobee, much of South Florida would be inundated, Risk and Insurance Magazine writes.
Florida insurance regulators unveiled for the first time Wednesday the prices proposed by private insurers for individual health plans to be sold on the state’s federally-run exchange, which is scheduled to launch Oct. 1, Dan Chang and Patricia Borns of the Miami Herald report.
With the likely departure of Florida’s second long-term-care ombudsman in two years, advocates for the elderly and providers of long-term care say they are mystified reports Margie Menzel for THE NEWS SERVICE OF FLORIDA via SunshineStateNews.com.
An investigation by the Department of Financial Services’ Division of Insurance Fraud revealed that Otto Biltres, owner of a temporary staffing agency called Preferred Staffing of America, Inc., knowingly misled consumers into believing that his company was a licensed professional employer organization, a news release from Florida CFO Jeff Atwater said.
House Speaker Will Weatherford, R-Wesley Chapel, made few changes to the leaders of legislative committees in his chamber, and made a switch in a key leadership position, reports Gray Rohrer for The Florida Current.
- Steve Crisafulli and Steve Precourt Swap Assignments in the Florida House
- Boyd won’t run elections committee in 2014
The Speaker said he sees no need to put the issue before the Legislature until law enforcement presents a consistent unified message about the self-defense provision, James Call reports for The Florida Current.
Florida Gov. Rick Scott on Wednesday demanded an apology from longtime civil rights activist Jesse Jackson for comparing the state’s struggle with the Trayvon Martin case to the civil rights clashes with police during the 1960s in Selma, Alabama, reports Gary Fineout for Associated Press.
State Representative Linda Stewart, D-Orlando, drew a Republican opponent on Wednesday as business owner Maurice “Mo” Pearson announced he was running for the seat, which represents parts of Orange County, as a Republican, reports Kevin Derby for SunshineStateNews.com.
The Connecticut Insurance Department on Tuesday issued an announcement urging consumers to be aware of unlicensed businesses promoting on television or other media platforms what is purported to be health insurance connected to either federal health care reform and/or the state-sponsored exchange, Insurance Journal reports.
The Cayman Islands captive insurance industry hit an all-time high of US$13.5 billion in total premiums and US$82.8 billion in total assets as at 30 June 2013, the Insurance Managers Association of Cayman reported in a news release this week.
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