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.
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.
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.
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.
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.
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.
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.
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, SunshineStateNews.com writes.
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.
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.
SaintPetersBlog.com’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.
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.
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.
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.
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.
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 ClaimsJournal.com.
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