Capitol to Courthouse Florida Insurance Report: Thursday, March 22
Mar 22, 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
9:30 a.m.– Florida Division of Insurance Agent and Agency Services Rule Development Workshop. Proposed amendments to the following Rules would incorporate recent legislative changes to Part VI of Chapter 626, Florida Statutes. To view the hearing notice, click here.
- 69B-220.051: Conduct of Public Adjusters and Public Adjuster Apprentices
- Proposed amendments would clarify the responsibilities and requirements of public adjusters and public adjuster apprentices, specify the terms and conditions of contracts, require the license number on advertisements and prescribe practices to ensure fair dealing between public adjusters and claimants.
- 69B-220.201: Ethical Requirements for All Adjusters
- Proposed amendments would update the code of ethics for all adjusters, delete provisions that reiterate or paraphrase statutory material and clarify the responsibilities and requirements of all adjusters.
10:00 a.m.–Board of Employee Leasing Companies Board meeting. Tallahassee, Florida. To view the meeting notice, click here. To view the agenda, click here.
(CANCELED) 10:00 a.m.–Florida Surplus Lines Service Office National Clearinghouse meeting. To view the meeting notice, click here.
1:30 p.m.–Florida Hurricane Catastrophe Fund Advisory Council meeting. The Advisory Council will meet to obtain approval for the 2012 FHCF Contract Year Premium Formula, to obtain approval to file Rule 19-8.028, F.A.C. (Reimbursement Premium Formula) for Notice of Proposed Rule, and to file this Rule for adoption if no member of the public timely requests a Rule hearing. To view the meeting notice, click here. To view the agenda, click here.
- An additional Advisory Council meeting will be held March 29, 2012, if deemed necessary during the March 22 meeting.
Florida Insurers Wary of Personal Injury Protection Rate Rollbacks Timed for October
While state officials are widely praising Florida’s new no-fault auto insurance law, insurers are wary of having to implement rate decreases before there is a corresponding drop in losses as the new law stipulates.
Multi-agency insurance fraud bust leads to arrests in Cape
A major insurance fraud bust in Cape Coral lands four people in handcuffs. Wednesday, Cape Coral police joined forces with state and federal agencies for a raid at chiropractor Stephen Lovell’s office.
Clearwater insurance premiums nearly $2 million
With its property and equipment breakdown insurance policies due to expire on April 1, Clearwater authorities asked Arthur J. Gallagher and Company to get quotes for renewing the property insurance for another year.
Florida Delays Employee Drug Testing Pending Legal Challenge
Florida Governor Rick Scott’s top lawyer has advised state agency heads to hold off on testing their employees for drugs under a new Florida law pending resolution of an existing legal challenge.
Blog: Senate panel thinks it’s got a winner – lottery system yields new district numbering
After two days of testimony about oddly shaped district “appendages” and increasing tension between senators, the Senate Reapportionment Committee wrapped up its work Wednesday by bringing out lottery machine cages to select random numbers for new Senate boundaries.
Senator Nancy Argenziano drops bid for Congress, plans to run for Florida House seat
Former Republican Senator Nancy Argenziano says she is dropping out of her bid for Congress and will run as an independent for the Florida House seat held by Representative Jimmie Smith, R-Lecanto.
Justice Department opposes another Florida voting provision
The federal government now is opposing a third section of Florida’s new election law.
Governor Rick Scott again faces decision on vetoing environmental restoration projects
A year after Governor Rick Scott vetoed $10 million for environmental restoration projects, two senators are supporting about the same amount again — and are hoping for a better outcome.
U.S. Treasury’s Timothy Geithner Put on Spot for Delayed Insurance Report
A Republican Congresswoman took an opportunity during a hearing on Tuesday to ask U.S. Treasury Secretary Timothy Geithner why the Federal Insurance Office is late with its report on modernizing insurance regulation.
No Push Back on Allstate Rates by Texas Insurance Regulators
Homeowner insurance rate hikes filed in Texas by Allstate Insurance in December 2011 have passed muster with Texas insurance regulators.
McCarran-Ferguson Repeal Moved to House Floor, But Property and Casualty Expressly Excluded
An amendment to House legislation that would repeal the McCarran-Ferguson antitrust exemption for health insurers has been ruled in order for floor debate.
National Association of Insurance Commissioners Clarifies Role: It Is Not a Regulator
The National Association of Insurance Commissioners acknowledges in a letter to a member of Congress that it is not a “regulatory body,” but acts to provide a “forum and vehicle” for its members who are standard-setters.
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