Capitol to Courthouse Florida Insurance Report: Thursday, July 11
Jul 11, 2013
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There are no Florida insurance-related events scheduled for today.
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.
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 drivers are reaching deeper into their pockets for car insurance, Consumer Federation of America says. WTVY News 4 of Alabama reports.
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.
PeopleSurance announced its creation of a private health insurance exchange in the state of Florida, the company’s news release reports.
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.
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.
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.
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.
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.
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.
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.
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.
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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