Capitol to Courthouse Florida Insurance Report–Thursday, December 18, 2014
Dec 18, 2014
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11:00 a.m.–Financial Stability Oversight Council (“FSOC”) meeting; Washington, D.C. Agenda includes includes an update on certain of the FSOC’s 2014 Annual Report recommendations, a presentation by the Office of Financial Research regarding its annual report and updates to its Financial Stability Monitor, and a discussion of the FSOC’s ongoing work on asset management. To view a Webcast of the meeting, click here. For more information, click here.
Following drug formulary changes by Coventry Healthcare of Florida and Cigna, Humana Medical Plan (Humana) will now take steps to ensure that its Florida members living with HIV/AIDS will have more affordable access to the lifesaving medications they need as provided through Chapter 627.429, Florida Statutes. The AIDS Healthcare Foundation reports via InsuranceNewsNet.com.
Florida Governor Rick Scott’s office declined to explain why the governor has been silent on the issue after ranking members of the U.S. House Committee on Energy and Commerce and the U.S. Senate Finance Committee sent letters to governors of all 50 states in July asking for their input on the future of CHIP. The Miami Herald’s Dan Chang reports.
Florida Agency for Health Care Administration Elizabeth Dudek has an ambitious “to do” list s that she said she’d like to accomplish in the next four years as she hopes to “ride out” Florida Governor Rick Scott’s second term in office as agency secretary. Christine Jordan Sexton reports via SaintPetersBlog.com.
The first formal divorce for a gay couple in Florida history was granted Wednesday by a Broward County judge who used the case to join other judges in declaring the state’s ban on same-sex marriage is unconstitutional. The Associated Press reports via SaintPetersBlog.com.
Senate President Andy Gardiner laid out his priorities in an information meeting with reporters Wednesday and said he will be focused on implementing Amendment 1, bringing more tax relief to Floridians and finding ways to help special needs students get broader employment opportunities. The Miami Herald’s Mary Ellen Klas reports via the “Naked Politics” blog.
Federal agents converged early Wednesday on a sober home and treatment center to carry out an apparent raid, startling clients. Adam Sacasa and Kate Jacobson report for the Sun-Sentinel.
The Federal Emergency Management Agency is moving forward with a provision in a 2014 flood insurance law requiring the agency to establish an independent advocate’s office to help people navigate through the complexities of the program. Bruce Alpert reports for the New Orleans Times-Picayune.
Pension risk transfer agreements are pension buyouts are typically sought by companies that have underfunded defined benefit pension plans. Annuity News’ Linda Koco reports via InsuranceNewsNet.com.
China’s insurance regulator said on Monday it will create a new funding scheme that could funnel up to 200 billion yuan ($32 billion) of insurance company funds to support small companies and start-up firms, Reuters reports.
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