Capitol to Courthouse Florida Insurance Report: Tuesday, May 19, 2015
May 19, 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.
2:00 p.m.–Florida Workers’ Compensation Joint Underwriting Association Producer Committee meeting. To view the agenda, click here.
The policy subsidies offered by Florida’s state-run Citizens Property Insurance Corp. flow disproportionately to the wealthy and, in concert with similarly regressive subsidies from the National Flood Insurance Program, serve primarily to encourage more development in risky regions along the coast. Right Street Blog’s Ray Lehmann notes via Insurance Journal the new research by the Coase-Sandor Institute for Law and Economics.
Florida’s Citizens Property Insurance Corp. officials say they hope two rating upgrades will help expand its investor base for this week’s pricing of $1 billion of senior revenue bonds, Shelly Sigo reports for BondBuyer.com.
Despite more than 600 fewer recreational boats on the water, Brevard County still ranked among Florida’s 10 most dangerous counties for boating accidents in 2014, Jim Waymer reports for FloridaToday.com.
As of 1 p.m. Monday, the deadline for hospitals to submit financial data requested by Governor Rick Scott, no numbers have been given to his administration, the Orlando Sentinel’s Gray Rohrer reports.
- Rick Scott defends his call for Florida hospitals to share the wealth
- Hospitals tell Rick Scott in a draft letter: Don’t tax us
- Hospitals: Clarification needed on commission’s data request
Florida state agencies are warning a state government shutdown could have far-reaching effects across the state.Florida state agencies are warning a state government shutdown could have far-reaching effects across the state. Matt Dixon reports for Scripps’ “Political Fix Florida” blog.
In a letter to the editor printed Sunday in The Tampa Tribune, State Representative Shawn Harrison, a Tampa Republican, said he was “open to a plan for private health coverage that draws down federal dollars with reasonable review, opt-out and sunset provisions included.” James Rosica reports for Scripps’ “Political Fix Florida” blog.
Backers of Florida’s largest private-school voucher program scored a significant victory Monday in an increasingly bitter legal battle. The Associated Press’ Gary Fineout reports via SaintPetersBlog.com.
The campaign for the Republican presidential nomination may have a new expiration date: March 15. Eli Stokols reports for Politico.com.
Republican Senator Wilton Simpson made his 2018 intentions official last week, filing paperwork on Friday for a re-election bid in his rural central Florida Senate seat that takes in all or parts of Hernando, Pasco and Sumter counties. SaintPetersBlog.com’s Ryan Ray reports.
Insurance Journal reports that the Massachusetts Division of Insurance issued a bulletin to provide guidance on the implementation of Massachusetts General Laws Chapter 175L, concerning the issuance of certificates of insurance.
As Ohio’s lieutenant governor, top insurance regulator and leader of a statewide regulatory reform initiative, it might seem that Mary Taylor’s public responsibilities would often pull in her in conflicting directions. Stephanie K. Jones reports for Insurance Journal.
Nationwide Life Insurance Company has agreed to pay $8 million in order to settle charges filed by the Securities and Exchange Commission alleging the insurer regularly violated pricing rules while processing orders of some of its insurance products. Benjamin Lane reports for Insurance Business America.
Through February 2014, a claims specialist testified that Progressive Snapshot had tallied 8,121 customer complaints and $582,009 in claims payouts. Ryan Katz reports for WBZ-TV in Boston.
To unsubscribe from this newsletter, please send an e-mail to firstname.lastname@example.org.