Capitol to Courthouse Florida Insurance Report–Tuesday, February 17, 2015
Feb 17, 2015
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.
- Agenda includes consideration of the following bills:
1:00 p.m.–Florida Board of Employee Leasing Companies General Business meeting. To view the agenda, click here.
2:00 p.m.–Florida House Insurance and Banking Subcommittee meeting. To view the agenda, click here.
- Agenda includes consideration of the following bill and proposed committee substitute:
Susan Patschak, CEO and Rick Loden, President/COO will head up a newly acquired company in Florida.
For years, Florida leaders have gone out of their way to make insurance companies more profitable, almost always at your expense, says Tallahassee Democrat columnist Matt Reed.
Last month, California regulators said all “peer-to-peer” taxi drivers (i.e. Uber & Lyft) were required to have “commercial” plates, stating, “Customers have inquired about this process and received inconsistent information.” A few days later the Department of Motor Vehicles said it was reevaluating the decision. Mears Executive Roger Chapin voices his opinion for Insurance Journal.
The State of Florida is starting a new campaign to let everyone know that leaving the scene of a crash can end in tougher penalties, WEAR-TV reports.
A lawsuit claims that hospitals are exhausting consumers’ PIP benefits by grossly overcharging for services — at up to 65 times what Medicare pays, the Palm Beach Post’s Charles Elmore reports via InsuranceNewsNet.com.
Florida’s Republican-led Legislature has kept alive a controversial bill that would allow people with concealed weapons permits to bring their guns on the campuses of 12 state universities. Tia Mitchell reports for the Florida Times-Union.
Cutting taxes on businesses and stopping threats to burden entrepreneurs are the main focus of NFIB/Florida’s 2015 legislative priorities for small-business owners, according to a list released Friday in Tallahassee. SunshineStateNews.com publisher Nancy Smith reports.
A Senate committee gave preliminary approval Monday to a bill to create an independent commission to investigate wrongdoing in Florida’s troubled prison system and increase sanctions against prison staffers accused of crimes. The Miami Herald’s Mary Ellen Klas reports via the Bradenton Herald.
A lack of transparency, possibly in violation of state law, has gone largely unnoticed in the low-profile work of Cabinet aides – until now, Tampa Bay Times’ Steve Bousquet explains in “The Buzz” blog.
Senate President Andy Gardiner Monday said he “wouldn’t be a bit surprised” if the legislative session comes and goes without a new Seminole Compact being presented to lawmakers. The Tampa Tribune’s James Rosica reports for Scripps’ “Political Fix Florida” blog.
With an eye toward 2016, the Florida Democratic Party has hired Phillip Thompson, who served as deputy campaign manager for Alison Lundergan Grimes, a Democrat who ran in Kentucky against U.S. Senate Majority Leader Mitch McConnell. Matt Dixon reports on Scripps’ “Political Fix Florida” blog.
By the 1990s, the St. Petersburg-Tampa-Orlando corridor became a “hotbed” for the sovereign citizen movement, according to Mark Pitcavage, director of research for the Anti-Defamation League. Orlando Sentinel’s Henry Pierson Curtis explains.
Fairfax Financial Holdings Ltd., the Canadian property and casualty insurer run by contrarian investor Prem Watsa, said it would buy Brit plc for about $1.88 billion to become one of the top five underwriters in the Lloyd’s of London market. Reuters reports via Insurance Journal.
Norma Carabajal Essary has been appointed as executive director of the Surplus Lines Stamping Office of Texas, effective March 1, 2015. She succeeds Philip R. Ballinger, who retired January 2, 2015, after 22 years of distinguished service, Insurance Journal reports.
The first full year of North Carolina’s captive insurance program has “exceeded expectations,” according to a statement from North Carolina Insurance Commissioner Wayne Goodwin. Amy O’Connor reports for Insurance Journal.
At a time when the financial sector is racing to embrace digital technology to boost sales and drive profits, the traditionally staid insurance industry is in danger of falling behind, Reuters’ Carolyn Cohn reports via Insurance Journal.
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