Capitol to Courthouse Florida Insurance Report: Thursday, October 18
Oct 18, 2012
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There are no Florida insurance-related events scheduled for today.
What do you do when your organization is under fire for alleged unethical conduct by its employees, including its top managers?
The streetcar board is tired of paying a fourth of its budget for insurance for an Ybor City rail crossing, and on Wednesday board members decided to ask lawmakers to help them do something about it.
Citing a regulatory mandate and a potentially crippling volume of claims, K.E.L. Title Insurance Group – owned by the partners of Orlando’s KEL law firm – has withdrawn from the title insurance business and is trying to get into a state “rehabilitation” program for troubled insurers, the company confirmed Wednesday.
The first and only debate between Democratic Senator Bill Nelson and Republican challenger Representative Connie Mack IV Wednesday came across almost like the old school-yard taunt, “I know you are, but what am I?”
The state’s consumer advocate says his office was frozen out of negotiations over what millions of people in South Florida will pay for electricity.
The dredging project is part of Florida’s efforts to make Miami the first port of call for the larger ships expected to sail through an expanded Panama Canal.
Political newcomer Ashley Rhodes-Courter faces off against veteran lawmaker Jack Latvala in this newly drawn district.
Two Tampa natives with deep roots in the area are competing to represent this Democrat-leaning district.
Europe’s insurers will likely get a reprieve of up to two years to fully implement a planned overhaul of rules governing the capital buffers they need to stay in business during times of stress, according to the sector’s top regulator in the region.
Insurers deemed too big to fail should cut systemic risks, increase capital buffers and improve their liquidity planning to reduce the impact on economic activity should they collapse, an industry regulator said.
They’re mad as heck, and they don’t want to take it anymore.
North America incurred $510 billion in insured losses from weather catastrophes over the last three decades, and climate change is emerging as one of the reasons why, reinsurance giant Munich Re said Wednesday.
Long-term care insurance provides money for care when you’re too old or sick to wash yourself and cook, though few American use it.
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