Capitol to Courthouse Florida Insurance Report: Tuesday, January 19, 2016
Jan 19, 2016
For almost 30 years, Florida consumers have been well-protected by a law requiring certain used cars to be inspected before they can be insured. Consumer Federation of the Southeast Executive Director Jennifer West writes this editorial opinion for FloridaPolitics.com.
Insurance regulators say Florida’s workers-compensation insurance market is competitive, but are expressing concerns about future rates and legal challenges. THE NEWS SERVICE OF FLORIDA reports via WGCU-TV.
House Speaker Steve Crisafulli, who is retiring this year because of term limits and is not even expected to be on the ballot in November, is the top fundraiser this legislative session, raising $2 million in his two political committees since the last session ended and this cycle began in July. The Miami Herald’s Mary Ellen Klas reports via the “Naked Politics” blog.
Governor Rick Scott’s health care agenda for the 2016 Session, which was initially centered on lowering costs through greater transparency requirements, is increasingly focusing on trying to protect consumers against alleged price gouging. Politico Florida’s Christine Sexton reports.
Martin Luther King Jr. would have supported tax-credit funded scholarships that allow needy Florida children to attend private schools. At least, his son thinks so. Jessica Bakeman reports for Politico Florida.
Within Orange, Seminole, Osceola and Lake counties last year, 16,867 foreclosure actions were filed in the courts, or one filing for every 56 houses. Orlando’s foreclosure rate was more than double the national rate for last year. Mary Shanklin reports for the Orlando Sentinel.
Almost all of the Orleans Parish homeowners who buy coverage from the state insurer of last resort could see their rates drop 6.3 percent if the Louisiana Insurance Department approves proposed rate reductions. The Associated Press reports via Insurance Journal.
Lloyd’s of London announced that a set of common core data requirements for cyber risks has been agreed by collaborating with modeling firms AIR Worldwide and RMS, along with RMS’ partner, the Cambridge Centre for Risk Studies, Insurance Journal reports.
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