Capitol to Courthouse Florida Insurance Report: Tuesday, December 4

Dec 4, 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


10:00 a.m.-Florida Automobile Joint Underwriting Association Board of Governors.  Teleconference: (877) 826-6967;  Conference ID:  2867636526#

11:00 a.m.–Florida Surplus Lines Service Office Board of Governors Executive Committee teleconference.  Tallahassee, Florida.  To view the meeting notice, click here.

3:00 p.m.–Florida House Insurance and Banking Subcommittee meeting.  Agenda includes presentation and discussion on Citizens Property Insurance Corporation Depopulation Program and Proposals, and remarks by Florida Insurance Commissioner Kevin McCarty.



Daily Insurance-Related News


    Citizens Property Insurance meets with legislators today about its incentive plan for private insurers

    Last-resort insurer Citizens will pitch to a state House panel today a controversial plan to spend $350 million of ratepayers’ money to get private insurers to take its customers.


    THE NEWS SERVICE OF FLORIDA:  Florida Insurance Commissioner Kevin McCarty Extends “Use and File” Policy

    Hit with a heavy spike in requests for changes in forms, the Office of Insurance Regulation on Monday issued a rule allowing companies to go forward with changes without prior approval in certain cases.


    Florida Office of Insurance Regulation Announces International Insurance Group to Expand

    Florida Insurance Commissioner Kevin McCarty today announced the recent approval of BUPA as the second international insurance group to utilize legislation designed to enhance the attractiveness of Florida’s business climate.


    Florida Prison Guard Charged with $2.7 Million Workers’ Compensation Fraud

    A former Florida prison guard is free on bond after being charged with faking illness to fraudulently collect more than $2.7 million in workers’ compensation.


    Florida Senate committee takes first look at implementing health care law

    The first committee meeting of the 2013 legislative session was the Senate’s Select Committee on Patient Protection and Affordable Care Act, and it had all the makings of a classic:  A grim overview on the implementation of a controversial new law, shouting audience members and a fiery monologue from a senior senator.


    Blog:  Florida Senator Jack Latvala files for re-election in 2014; will it be his last time on the ballot? Will it be Chris Latvala’s first?

    Senator Jack Latvala filed paperwork last week that is a first step toward seeking re-election in 2014, according to the state Division of Elections website.


    Blog:  Internet sales tax bill filed

    This may be the last holiday shopping season that online retailers aren’t required to charge you state sales tax.


    Florida Banks Still on Shaky Ground; One in Three Under Severe Enforcement Action

    The number of failing Florida banks has fallen dramatically in the past two years, but Sunshine State customers still have reason to be wary.


    Insider Tells How Some Insurance Companies Rig The System

    Mark Romano gripped the steering wheel and tried to keep his car from swerving into another commuter on the busy Illinois tollway.


    New York Times:  How the Coastline Became a Place to Put the Poor 

    In retrospect, after the storm, it looked like a perverse stroke of urban planning.


    UK investors put $100 million into new reinsurance fund  

    British equity investors have put $100 million into a new reinsurance fund, the latest example of mainstream investors seeking exposure to the sector’s rising prices and relative immunity from financial shocks.



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