Capitol to Courthouse Florida Insurance Report: Thursday, December 20
Dec 20, 2012
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
There are no Florida insurance-related events scheduled for today.
CFO Atwater asks for Cabinet oversight of Citizens inspector general
The Chief Financial Officer asked Gov. Rick Scott to place the proposed inspector general for Citizens Property Insurance Corp. under the jurisdiction of the Cabinet.
Florida’s Citizens Balks at Issuing HO-8 Policy
Florida’s quasi-governmental property insurer is resisting a statutory requirement that they start issuing an HO-8 policy due to a disagreement with regulators over rates and concerns that the policy’s reduced price could make it attractive to consumers despite the policy’s limited coverage.
Imperial Holdings settles class action lawsuit for $12M
Imperial Holdings agreed to settle a shareholder class action lawsuit against the company for $12 million, with most of that covered by insurance.
Hispanic market provider buys four Florida insurance agencies
Confie Seguros, a personal lines provider serving Hispanic consumers, recently acquired four regional insurance brokerages in Florida and one in Nevada.
Florida’s minimum wage going up 12 cents per hour
Florida’s minimum wage is going up by 12 cents per hour to $7.79 on Jan.1 due to an increase in the cost of living.
Former Governor Crist testifies in U.S. Senate that there was voter suppression in Florida
In a nation with a growing number of laws restricting voting practices, Florida stood as exhibit A in a hearing Wednesday by the Senate Judiciary Committee.
Governor Scott says Florida needs to look at number of early voting days
The governor said during a morning interview on CNN that the election law he signed in 2011 needs to be re-examined.
Florida Attorney General ends bid to force testimony
Florida Attorney General Pam Bondi is dropping her effort to force a newspaper reporter to testify in a criminal case involving a former aide to Lt. Gov. Jennifer Carroll.
THE NEWS SERVICE OF FLORIDA: State asks judge to toss Senate map challenge
Lawyers for the Legislature asked a Leon County judge on Wednesday to throw out a lawsuit seeking to scrap the current districts for the Senate because the Florida Supreme Court had already rejected a challenge to the lines.
Senator Smith files bill to change “Stand Your Ground” law
The legislation would make significant changes to the controversial law, including explicitly allowing police officers to detain those who claim the stand your ground defense, but it faces an uphill battle to get through the Legislature.
Florida makes first moves to link SunPass, E-Zpass
Florida is taking the first step toward making SunPass and E-ZPass, the dominant toll collection in the Northeast and Midwest, talk to each other.
Insurance Regulator Calls for Partial Solvency II Start by 2014
The European Insurance and Occupational Pensions Authority said it will issue interim guidelines for national regulators and called for partial implementation of its planned European capital rules by 2014.
Louisiana Levies More Fines Against Texas Brine over Sinkhole
The Louisiana Office of Conservation has levied an additional $160,000 fine against Texas Brine Co. LLC. over a massive sinkhole.
56 Insurance Carriers Deemed High Performers in Texas Workers’ Compensation System
Texas workers’ compensation system regulators report that 56 insurance carriers have been deemed high performers in the system.
A Look at New Insurance Laws Taking Effect in 2013
With 2013 just around the corner, a number of states are preparing to implement new insurance-related laws. Insurance Journal highlights some of the changes that will take place around the country.
Retailers starting to offer home insurance, mortgages
Now on sale in aisle one: eggs, milk, bread — and a mortgage? A growing number of retailers are getting into the banking business. But is it right for you?
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