Capitol to Courthouse Florida Insurance Report: Thursday, August 29

Aug 29, 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.



Daily Florida Insurance-Related Events


2:00 p.m. to 4:00 p.m.–Citizens Property Insurance Claims Committee meeting.  Teleconference:  866-361-7525; conference ID:  5219676193#.  To view the meeting notice, click here.



Daily Florida Insurance-Related News


Sinkhole victims:  Summer Bay reneging on promise to pay for losses

Vacationers who narrowly escaped the sinkhole collapse of villas at the Summer Bay Resort near Walt Disney World say the time-share company is reneging on promises to reimburse them for losses of thousands of dollars in personal property, Orlando Sentinel’s Stephen Hudak reports.


Buying bulk, smaller networks cut health insurance costs in Florida

As health care costs rise in Florida, insurers and hospitals vested in the success of the Affordable Care Act, are coming up with new ways to cut costs, the Associated Press reports via Tampa Tribune.


Health care signup faces rocky road in Florida

Less than five weeks from the start of a massive health-insurance enrollment campaign, Florida faces a daunting task, William Gibson reports for the Sun-Sentinel.


Public Service Commission’s Brise, Graham among 6 recommended to Governor for appointments

Chairman Ronald Brisé and Commissioner Art Graham were among six finalists recommended Wednesday to Gov. Rick Scott for two seats on the Public Service Commission, The Florida Current’s Bruce Ritchie reports.


Florida Among State Legislatures Cutting Unemployment Insurance

Businesses never enjoyed paying unemployment insurance premiums — but this is the first time they’ve been able to undermine the programs, Evan Soltas writes for Bloomberg.


Seth McKeel’s Talents Will Be Put to the Test in CFO Bid

At only 38, Seth McKeel has already risen quickly up the Florida political ladder and is looking at moving even higher as a future bid for statewide office could be coming down the road, writes.


Blog:  Miami State Representative Draws Republican Challenger

State Rep. Jose Javier Rodriguez has drawn a Republican challenger for the 2014 election: Miami attorney Daniel Diaz Leyva, Tampa Bay Times Kathleen McGrory reports.


PECO’s Promise:  Schools’ capital funding not keeping pace with growth

The Florida Current’s James Call writes the first of three stories about how Florida’s Public Education Capitol Outlay fund was rendered unable to take on more debt. must-read:  The collapse of campaign finance is just beginning’s Peter Schorsch notes a Bloomburg story:  “In October, the Supreme Court will hear oral argument in McCutcheon v. FEC, a major challenge to campaign finance limits asking the Justices “to remove the almost four-decade limit on the aggregate amounts any contributor can give directly to candidates and parties for federal elections in a single cycle,” says Al Hunt.


Financial Stability Board launches consultation on key attributes of “too big to fail” insurers

The Switzerland-based Financial Stability Board (FSB) is exploring the application of the key attributes of effective resolution regimes for financial institutions to non-bank financial institutions, including insurance companies, and on principles governing information sharing for resolution purposes, Canadian Underwriter reports.


G20 body says U.S. could improve financial risk spotting

The United States could improve how it spots and prevents risks in the financial system from turning into destabilizing crises, a global regulatory task force said on Tuesday, Reuters’ Huw Jones reports.


AAMGA Expands Membership to Include All Wholesale Professionals

The American Association of Managing General Agents (AAMGA) has decided to expand its membership to include all wholesale insurance professionals, while keeping its original name, Andrea Wells reports for Insurance Journal.


Zurich Insurance CFO Wauthier Found Dead From Apparent Suicide

Pierre Wauthier, chief financial officer of Zurich Insurance Group AG, probably committed suicide at his home, according to police. He was 53, reports Bloomberg’s Elena Logutenkova in Insurance Journal.


Part 1:  Top 4 Current Trends in Solving the Roof Risk Problem

Everyone is talking about the roof risk problem. It is the hot topic among both insurance and reinsurance carriers, as well as vendors, BuildFax executives write in



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