Capitol to Courthouse Florida Insurance Report: Wednesday, April 9
Apr 9, 2014
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There are no events scheduled for today.
Advanced Pier Technology, a Brooksville-based general contractor currently being sued by insurance companies for allegedly using fraudulent business practices to inflate costs and conducting unnecessary sinkhole repairs, has a powerful legislative ally in State Representative Richard Corcoran, The Florida Current’s Gray Rohrer explains.
Florida’s state-backed Citizens Property Insurance Corp. says the initial opening of its new web-based clearinghouse designed to make it easier for private insurers to write its policies has been promising, although the number of policies removed by insurers has been modest due to the reluctance of companies to appoint agents, Insurance Journal’s Michael Adams reports.
The Florida Catastrophic Storm Risk Management Center will receive at least $1 million a year as lawmakers have backed away from a proposal to downsize the state Florida Hurricane Catastrophe Fund, THE NEWS SERVICE OF FLORIDA reports via the Tallahassee Democrat.
A bill that allows legal gun owners to conceal their weapons without a permit during mandatory evacuations continued to gain support in the Senate Tuesday despite concerns from law enforcement, the Miami Herald’s Michael Van Sickler reports.
As the battle over the trauma-care system continues, two administrative law judges have again delayed hearings on the conflict between leading hospitals and the Florida Department of Health, SaintPetersBlog.com’s Peter Schorsch reports.
Miami’s reputation as the capital of healthcare corruption is so well known that a Medicare fraud “tourist” traveled from Tampa to cash in, the Miami Herald’s Jay Weaver reports.
Republican Eric Eisnaugle won a special election to represent state House District 44, which includes parts of West Orange County including Winter Garden, Oakland and Lake Buena Vista, SaintPetersBlog.com’s Peter Schorsch reports.
Legislation to impose new reporting requirements on agencies’ efforts to promulgate and implement rules in accordance with new laws each year is moving through the House, but is not making much progress in the Senate as important session deadlines approach, The Florida Current’s Gray Rohrer explains.
HB 1153 and SB 1194 would establish standard reporting requirements for citizen support organizations and direct support organizations and a process for sunset review by the Legislature every five years, The Florida Current’s Bruce Ritchie reports.
The Seminole Tribe of Florida, operators of Tampa’s Hard Rock Hotel & Casino, may have competition for high-stakes gambling, Tampa Tribune’s James Rosica reports.
The U.S. Supreme Court left intact Iowa’s ban on corporate political donations, as the justices declined a chance to extend last week’s ruling striking down federal contribution limits, Bloomberg’s Greg Stohr reports via Insurance Journal.
Allstate Corp. and Bank of America Corp.’s Countrywide unit have agreed to dismiss a lawsuit stemming from $700 million of toxic mortgage debt, according to a court filing on Tuesday, Reuters reports via Insurance Journal.
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