Capitol to Courthouse Florida Insurance Report: Thursday, February 14
Feb 14, 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.–Citizens Property Insurance Corporation Board of Governors meeting. Teleconference: (888) 942-8686; conference code: 5743735657#. Topics to include 2013 Finance Plan including risk transfer and pre-event Planning. To view the meeting notice, click here.
Following nearly two years of modeling, stress-testing and refining its business model, Weston Insurance Co. is ready to embark on a “precedent-setting” move to assume about $30 billion in exposure from Florida’s bloated last-resort insurer.
For all of Gov. Rick Scott’s bluster about shaping Florida into the most business-friendly state in the union, the governor will have a tougher time addressing a consumer pocketbook issue that threatens millions of Floridians: the soaring cost of property insurance.
South Florida lawmakers got a stark look Wednesday at how rising sea levels could dramatically change Palm Beach, Broward, Miami-Dade counties and the Keys in coming years, leading to calls for more state aid to stem the tide.
It’s either a standardization of payment of services that rewards efficiencies in a $3 billion program or it’s a reckless reimbursement plan that will shred Florida’s “safety-net” hospitals: teaching hospitals, children’s hospitals and nonprofit hospitals that serve the poor.
Orlando and five other Florida cities were among the 10 worst U.S. markets for foreclosures in January, according to a report released as lawmakers rethink the state’s judicial-foreclosure process.
Unanimous bipartisan support mustered to pass a four-part plan lawmakers say will prevent long lines at the polls.
Rep. Bill Hager was the sole member of the House Insurance and Banking Subcommittee to vote against HB 425, saying the cost to lend is low, so higher interest rates aren’t needed.
Democrats on a House appropriations subcommittee asked how privatization of state services produces savings. No one could answer their questions.
A major study questioning the financial health of local governments’ pension programs came under fire in a Florida House committee Wednesday, with one analyst saying it was “way off.”
Florida Gov. Rick Scott is heading on another trade mission, and this time he’s going to Paris.
There isn’t much appetite for changing growth management laws, but developers and their allies see the need for fixing legal questions that have arisen. Florida Realtors is backing a foreclosure bill and is pushing for the elimination of the sales tax on commercial rents.
For three years, former Republican Party of Florida chairman Jim Greer denied doing anything wrong and promised a trial that would embarrass a lot of people. So why did he plead guilty to five felonies Monday, facing the certainty of spending years in prison?
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