Capitol to Courthouse Florida Insurance Report: Tuesday, June 11
Jun 11, 2013
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
There are no Florida insurance-related events scheduled for today.
Daily Florida Insurance-Related News
Florida Governor Rick Scott Signs Workers’ Comp, Insurance Bills
Florida Governor Rick Scott signed various insurance-related bills into law on Friday, June 7, Colodny Fass& Webb reports in Joan Collier’s WorkersComp360.com.
Florida seeks to curb workers’ comp fraud with database
Florida Governor Rick Scott has signed legislation that is intended to curtail workers’ compensation fraud by creating a statewide database for check cashers, the American City Business Journals reports.
State Farm Agent Tea Party candidate takes on labor leader in Panhandle District 1 special election
The founder of a tea party organization faces a labor leader in a heavily Republican legislative district for a special election expected to draw light voter turnout today, reports Bill Cotterell for The Florida Current.
What to do if you’re having problems with Citizens Property Insurance switch
The Sun-Sentinel’s Mike Mayo answers questions like, “Having problems with the confusing “opt-out” process if your Citizens homeowners policy has been selected for a takeover by a new insurance company?” or “Have you gotten the runaround from the new company, or did you not get properly notified to begin with?”
Officer’s reinstatement recommended in “TrooperGate”
A hearing officer recommended Monday that a three-person panel reinstate Florida Highway Patrol Trooper Charles Swindle, who was fired in 2012 after writing a no-proof of insurance ticket to Florida legislator, Matt Dixon reports for the Jacksonville Times-Union.
Florida drivers to get longer yellow light time
On May 31, the Florida Department of Transportation announced it was re-calculating yellow-light durations assuming drivers had a slower reaction time, giving about an extra four-tenths of a second before yellow lights turned red. All intersections with red-light cameras will be recalculated by the end of the year. Every other intersection in Florida will be recalculated by June 30, 2015, reports Andrew Pantazi of the Jacksonville Times-Union.
Health insurers lining up in Florida for Affordable Care Act exchange
At least 10 insurance companies are expected to participate in Florida’s health insurance exchange mandated by the Affordable Health Act, Jane Meinhardt reports for Tampa Bay Business Journal.
Blog: Governor To Determine Whether Florida Expands Natural Gas Vehicle Fleet
A bill pending before Florida Governor Rick Scott would offer rebates to cities or companies that convert gas-powered fleets to natural gas, and makes natural gas sales tax-exempt for five years under a newly minted tax structure, blogs Matt Dixon for the Jacksonville Times-Union.
Immigration issue heating up in Florida again
Immigration – a tough issue for state Republican leaders to navigate – is surging to the forefront in Florida again, explains Lloyd Dunkelberger in the Sarasota Herald-Tribune.
New Texas Insurance Commissioner to Address Symposium
Julia Rathgeber, newly appointed Commissioner of the Texas Department of Insurance, will speak at the 21st annual Mid-Year Property and Casualty Insurance Symposium, Insurance Journal reports.
Lloyds ends Deloitte contract over insurance complaints handling
Britain’s Lloyds Banking Group said it had ended a contract with Deloitte after problems were uncovered in the way a call centre operated by the business services firm handled customer complaints about mis-sold loan insurance, Reuters reports.
Piles of Insurance Company Cash On Hand Could Mean Cheaper Premiums
Surprisingly, property-casualty carriers have more capital on hand to support their earnings performance
David Katz of CFO Magazine writes that the property-casualty insurance industry is sitting on mountains of cash that could be used to support cheaper prices, a recent Conning report on the insurance industry’s loss reserves suggest.
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