Capitol to Courthouse Florida Insurance Report: Tuesday, August 28

Aug 28, 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

9:00 a.m.–Florida Board of Employee Leasing Companies Board Meeting; Jacksonville, Florida.  To view the meeting notice, click here.  To view the agenda, click here.

     

     

    Daily Insurance-Related News

     

    Citizens Property Insurance prepares for Tropical Storm Isaac claims

    Tropical Storm Isaac saddled much of South Florida with heavy rain and strong wind over the weekend, producing nearly 300 claims already for Citizens Property Insurance Corp.

     

    Floridians report price gouging in wake of Tropical Storm Isaac

    The South Florida Sun Sentinel reports 160 people had filed complaints about possible price gouging by Monday afternoon.

     

    THE NEWS SERVICE OF FLORIDA:  Florida Governor Rick Scott says Florida Poised to Assist Other Gulf States

    Governor Rick Scott on Monday said Florida is poised to help its Gulf state neighbors as Tropical Storm Isaac appeared to spare much of the state from significant damage.

     

    Consumer advocate calls Florida Power & Light staffing “excessive”

    Florida Power & Light Co.’s rate hike request includes an increase in employee count that is “excessive,” an expert for the Office of Public Counsel testified on Monday.

     

    Former U.S. Senator Bob Graham says repeat of 2000 election chaos possible

    Former U.S. Sen. Bob Graham says inconsistency among Florida counties’ elections systems could lead to litigation such as that which decided the 2000 presidential election.

     

    Florida City could get jai-alai or horse racing, plus a casino

    Hungry for economic development and jobs, Florida City is ready to embrace parimutuel gambling.

     

    Cuban vice president’s daughter defected, living in Tampa

    The 24-year-old daughter of Cuban Vice President Marino Murillo, sometimes mentioned as a possible successor to ruler Raúl Castro, defected earlier this month and is now living in Tampa, knowledgeable sources said.

     

    Industry Observers to Federal Insurance Office:  Support Private Reinsurers

    The Federal Insurance Office is being told the government should support the private reinsurance market and think long and hard before creating any government backstop that would displace the current system.

     

    Insurers Sending Reinforcements for Anticipated Hurricane Isaac Claims

    Allstate spokesman Justin Herndon has noticed a few things while driving to New Orleans in anticipation of Hurricane Isaac.

     

    Allstate Has Lower Louisiana Risk as Tropical Storm Isaac Approaches

    Allstate Corp. may benefit from its decision to scale back homeowners’ risk in Louisiana and cede market share to State Farm Mutual Automobile Insurance Co., as Tropical Storm Isaac threatens the U.S. Gulf Coast.

     

    Blog:  Alabama has made progress on storm protection, but more work needs to be done

    Late August heralds the start of intense hurricane season.

     

    Mississippi High Court Declines to Rule on State’s Damages Cap

    The Mississippi Supreme Court says it does not have enough information to decide whether the state’s limit on non-economic damages – as applied to a federal lawsuit – is constitutional.

     

     

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