Capitol to Courthouse Florida Insurance Report: Tuesday, May 14
May 14, 2013
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There are no Florida insurance-related events scheduled for today.
The largest “lender-placed” or “force-placed” insurance companies in Florida met with state officials yesterday about a rate change on the cost of coverage, WCTV reports.
“I just returned from a trip to the Southwest, where I discovered a new way to recycle used tires,” blogs Tom Palmer of PolkOutdoors.com.
Towers Watson Capital Markets announced Monday it has arranged a private placement catastrophe bond for the Florida Municipal Insurance Trust, an organization that offers workers’ compensation, liability, property and health insurance to local governments in the state, Canadian Underwriter reports.
Florida Chief Financial Officer Jeff Atwater announced the arrests of Roofmasters, Inc. employees for acting as unlicensed public adjusters while soliciting homeowners for roof repairs in the Tallahassee area, Florida.RealEstateRama.com reports.
Florida-based Frontline Insurance continues to expand and is now licensed in Delaware, the company announced in a new release.
With hurricane season a few weeks away, Security First Insurance Company, the fourth largest homeowners insurance provider in Florida, has developed a new platform aimed at speeding up the response time and recovery process for its nearly 180,000 policyholders in Florida following a natural disaster, the company said in a news release reprinted in Insurance Journal.
In a news release today, Brown & Brown, Inc. announced the election of James S. Hunt to its Board of Directors at its Annual Shareholders’ Meeting on May 8. Jim worked with the Walt Disney Company from 1992 until his retirement in 2012.
Governor Rick Scott started his second post-session victory lap Monday, predicting that repeal of Florida’s sales tax on manufacturing equipment will bring more jobs to the state, reports Bill Cotterell for The Florida Current.
The head of the Republican Party of Miami Dade County said on Monday that all local candidates under his wing will be given strict guidelines to avoid using ballot brokers in their campaigns, reports Enrique Flor and Melissa Sanchez of The Miami Herald.
A probe ordered by Florida Governor Rick Scott has determined that the pay and benefits of state college presidents vary widely with little explanation as to why some presidents earn six-figure salaries, The Florida Current’s James Call reports.
While all eyes in Florida politics are on a special Republican primary election for an open House seat in the Panhandle on Tuesday, another prominent Republican from the area took a big step toward advancing his own political ambitions Monday, Jeff Henderson reports for SunshineStateNews.com.
State Farm Fire and Casualty Co. is asking a judge to void a jury’s finding that the company defrauded the government involving a policyholder claim after Hurricane Katrina, Insurance Journal reports.
Lumbermens Mutual Casualty, American Manufacturers Mutual Insurance, and American Motorists Insurance Companies have been placed in liquidation in Illinois, according to the state insurance department, Insurance Journal reports.
North Carolina’s Insurance Commissioner Wayne Goodwin is publicly calling for an apology from the state’s Department of Health and Human Services Secretary over a remark in which the health official allegedly held Commissioner Goodwin responsible for the state’s rejection of Medicaid expansion.
An Insurance Journal video interview talks about rebuild New Jersey’s famous boardwalks, and about the risks involved in such an undertaking.
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