Capitol to Courthouse Florida Insurance Report: Thursday, July 11
Jul 11, 2013
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Daily Florida Insurance-Related Events
There are no Florida insurance-related events scheduled for today.
Daily Florida Insurance-Related News
Florida Insurance Consumer Advocate Forms Homeowners’ Insurance Claims Working Group
Florida Insurance Consumer Advocate Robin Smith Westcott has launched a new working group to discuss potential improvements to the homeowners’ insurance claim process, Claims Journal reports.
Florida’s Citizens Property Insurance Finally Joins Twitter, Facebook
After a late start, state-run insurer Citizens is entering the social media world of Twitter and Facebook, Charles Elmore writes for the Palm Beach Post.
Florida Among Top 20 Most Expensive Car Insurance Premiums
Florida drivers are reaching deeper into their pockets for car insurance, Consumer Federation of America says. WTVY News 4 of Alabama reports.
Affordable Care Enrollment Training Begins in Miami
Enroll America, a Washington, D.C.-based nonprofit whose mission is to educate Americans about their healthcare options under the Affordable Care Act, kicked off its Florida campaign Wednesday in Miami, the Miami Herald reports.
Private, Non-Federal Florida Health Insurance Exchange Announced
PeopleSurance announced its creation of a private health insurance exchange in the state of Florida, the company’s news release reports.
Florida mid-term incumbents amass cash preparing for 2014 battles
Campaign finance reports for the second quarter were due Wednesday for candidates, and most incumbents have an early edge over opponents — if they have opponents at all more than a year away from the mid-term elections, The Florida Current’s Gray Rohrer reports.
U.S. Congressional Staffer Enters Into Crowded Florida House Race for Patronis’ Seat
This week, U.S. House Financial Services Committee staffer Tho Bishop jumped into the increasingly crowded field battling for the Florida House seat currently held by Rep. Jimmy Patronis, R-Panama City, who faces term limits in 2014. Kevin Derby reports for SunshineStateNews.com.
Crist Memoir Latest Chapter in Clash with Florida Republican Party
Former Governor Charlie Crist promised this week to write “a no-holds-barred memoir” about his change of heart can be seen not only as an attempt to raise his profile for a possible bid for his old job in 2014, reports Brandon Larrabee for THE NEWS SERVICE OF FLORIDA.
Florida regulators allege Gulfstream race track skimped on races to get slots
The Department of Business and Professional Regulation filed an administrative complaint against the track alleging it ran minimal horse races as a means of obtaining a slot machine license in Miami-Dade County, The Florida Current’s Gray Rohrer reports.
As NIMA Reports Progress, Opponents Still Support Home-State Taxation
Reported premium in the Non-Admitted Insurance Multi-State Agreement (NIMA) exceeds more than $500 million in the year since the Surplus Lines Clearinghouse became operational a year ago, NIMA Inc. reported Tuesday, Elizabeth Festa writes for PropertyCasualty360.com.
AIG, GE Capital Accept Systemically Important Designations
American International Group Inc. and General Electric Co.’s finance unit were designated systemically important by U.S. regulators, a ruling the companies had already agreed to accept, Bloomberg reports in Insurance Journal.
Kansas Insurance Commissioner Names New Consumer Assistance Director, Managers
Sandy Praeger, Commissioner of Insurance in Kansas, has named Steve O’Neil as Consumer Assistance Division director and LeAnn Crow and Elizabeth Fike as supervisors in the same area, Insurance Journal reports.
Reinsurers Losing Edge to Capital Markets
Traditional reinsures are no longer in the driver’s seat setting U.S. catastrophe reinsurance rates as the capital markets continue to pour money into alternative vehicles and putting downward pressure on rates, according reinsurance broker Guy Carpenter & Co., writes Mark Ruquet for National Underwriter’s PropertyCasualty360.com.
A.M. Best: State Workers’ Comp Funds Grow in 2012
The nation’s 20 state-run workers compensation funds showed strong growth for the second straight year, according to a new A.M. Best report, National Underwriter’s PropertyCasualty360.com reports.
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