Capitol to Courthouse Florida Insurance Report: Thursday, August 22
Aug 22, 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.
9:30 a.m.–Florida Division of Insurance Agents and Agency Services Rule Development Workshop. Section 626.207(8), F.S., requires the Department of Financial Services to adopt rules establishing specific penalties against licensees for violations of Section 626.621 F.S. Proposed Rule 69B-231.090 sets forth the penalties for violations of subsections 626.621(13) and (14), F.S. To view the Workshop notice, click here.
10:00 a.m.–Florida Department of Revenue (“DOR”) Rule Development Workshop. Proposed amendments to Rule 12B-8.0016, “Department of Revenue Electronic Database,” would provide reference to the updates to instructions for the DOR’s Address/Jurisdiction Database used for assigning premiums and policies to local tax jurisdictions. Proposed amendments to Rule Rule 12B-8.003, “Tax Statement; Overpayments,” is to adopt, by reference, changes to forms used by the DOR in the administration of the insurance premium taxes, fees and surcharges. To view the Workshop notice, click here.
3:00 p.m.–Citizens Property Insurance Corporation Board of Governors meeting; 3:00 p.m. Teleconference: (888) 942-8686; conference ID: 5743735657#. To view the meeting notice, click here.
Citizens Property Insurance Corp.‘s board of governors meets Thursday to consider a $45 million question: Who will it award the contract to make the state’s new insurance clearinghouse a reality? Maria Mallory White blogs for the Sun-Sentinel.
A new state law forces Citizens to increase coverage on approximately 35,000 mobile home policies, but the increased coverage is not automatic, Jenn Strathman of WPTV.com reports via TCPalm.com.
The emergency management chief for the United States is warning Floridians are in “denial” about the threat posed by hurricanes, the Associated Press reports via TCPalm.com.
Writing at th Sun-Sentinel, our friend Steve Pociask of the American Consumer Institute reminds Florida lawmakers of the opportunity they missed out on during this past legislative session to take advantage of falling reinsurance rates to lay off more of the risk presented by its state-run insurer and reinsurer.
The odds of being involved in an accident with an uninsured driver are so high because the division of insurance fraud says 25 percent of the drivers in Florida have no insurance or phony insurance, Mike Deeson reports for WTSP-TV in Tampa.
One-day survey in May found more than 2,500 violations in Central Florida alone
In a single day this past spring, drivers in Orange County illegally passed school buses loading or unloading children 1,851 times. Statewide, 11,684 violations were noted by school-bus drivers that day, Lauren Roth reports for the Orlando Sentinel.
Although registration for insurance coverage under the Affordable Care Act begins in fewer than 40 days (Oct. 1), the debate over the federal health care law shows no sign of ending. Supporters of the law this week responded to opponents’ criticism of the plan on two fronts, The Florida Current’s James Call reports.
Defendants accused of running a veterans’ charity as a front for a gambling operation are mounting a defense that Internet cafes are lawful based on the legal interpretations of some high-profile politicians and lawyers, Mike Schneider reports for the Associated Press.
The Associated Press is reporting that criminal charges against a former aide to then-Lt. Gov. Jennifer Carroll have been dropped. Carletha Cole was accused of giving a reporter an illegal recording of a conversation between Carroll’s chief of staff and her.
Observers were quick to raise questions when six women, five of whom were white, were impaneled in the recent George Zimmerman trial, Kathleen McGrory writes on the Miami Herald’s Naked Politics blog.
On Wednesday, Democrat Amanda Murphy announced she was running in the special election for the open Florida House seat previously held by Mike Fasano. Murphy joins three Republicans and a candidate running with no party affiliation in the special election which will be held in October, SunshineStateNews.com reports.
Three telecommunications companies are protesting the bid process for a lucrative contract with the Department of Corrections to provide telephone services at prisons throughout the state, The Florida Current’s Gray Rohrer reports.
Florida is among the US states with the greatest geographical concentration of science and engineering (S&E) employment, according to a report just released by the National Science Foundation using data from the US Census Bureau’s 2011 American Community Survey, Karen Cyphers reports for SaintPetersBlog.com.
A two-judge panel has rejected a petition by Texas’s Office of Public Insurance Council to roll back a State Farm Lloyds rate hike, Ana Khalamayzer reports for PropertyCasualty360.com.
Hawaii’s top captive insurance regulator has resigned, citing policy differences within the insurance division, AM Best’s BestWire reports via Advisen.com.
The Maryland Insurance Administration issued a bulletin this week summarizing new insurance legislation from the Maryland General Assembly’s 2013 session that have been signed into law by Gov. Martin O’Malley, Insurance Journal reports.
Attorney General Eric Holder said the Justice Department is nearing decisions on a number of probes involving large financial firms and that he plans to announce new cases stemming from the economic meltdown in the coming months, Dow Jones reports via Advisen.com.
Georgia is the most expensive state to operate a motor vehicle and Oregon is the cheapest, according to a Bankrate.com report that considers the costs of gasoline, insurance, repairs, taxes and fees, Insurance Journal reports.
To unsubscribe from this newsletter, please send an e-mail to Brooke Ellis at email@example.com.