Capitol to Courthouse Florida Insurance Report: Wednesday, December 12

Dec 12, 2012

 

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

 

    10:00 a.m.–Florida Workers’ Compensation Joint Underwriting Association Board of Governors meeting.   To view the agenda, click here.

       

       

      Daily Insurance-Related News

       

      Florida Governor Scott calls for more Citizens Property Insurance changes

      Florida Governor Rick Scott on Tuesday called for the state-backed Citizens Property Insurance Corp. to hire a full-time inspector general and submit to an ongoing third-party review of the policies it sells.

       

      Cleanup begins as tornado damages 90 homes in southeast Volusia County

      The enormity of what happened settling in, Be Tellier swept up glass shards on her driveway Tuesday and worried about the cost to rebuild.

       

      Florida government:  Shop around for property insurance

      With Wilma the last hurricane to hit Florida back in 2005, state government is now asking homeowners and associations to shop around for property insurance instead of relying on Citizens Property Insurance Corp., the not-for-profit set up to insure Florida owners.

       

      Parties await ruling in Pasco County landfill permit appeal

      Angelo’s Aggregate wrapped up its appeal hearing last week on the Florida Department of Environmental Protection denial for a landfill permit in rural northeast Pasco County.

       

      Florida Cabinet adopts emergency Personal Injury Protection rule

      The Florida Cabinet unanimously passed an emergency rule implementing changes to a form filled out by auto accident victims seeking health care in order to prevent “confusion in the marketplace”.

       

      Florida launches “Drive Sober or Get Pulled Over” campaign

      Florida law enforcement agencies will crack down on drunk driving from Wednesday to January 1.

       

      Fairfax completes sale of Cunningham Lindsey

      Fairfax Financial Holdings has completed sale of its stake in Florida-based insurance firm Cunningham Lindsey for proceeds of nearly $270 million.

       

      Blog:  Florida Ranked 34th Most Healthy State in the Nation, Which Makes Us Pretty Healthy for the South

      You’d think with all our good weather and miles of sandy beaches, Floridians would have extra reason to stay healthy, but no.

       

      Legislative leaders dish out salary increases to top staff

      Florida’s new legislative leaders handed out hefty raises and salaries to many of their top staff and newly hired talent even as thousands of state workers went for a sixth year without a bump in pay.

       

      Blog:  Florida’s debt load drops for second year

      Florida’s debt load will fall next year for the second time in two years, a $2 billion drop since 2010 that will position the state to go below its debt target for the first time since 2008, reports the News Service of Florida.

       

      THE NEWS SERVICE OF FLORIDA:  Foreclosures Still Affecting State Budget

      The tough housing market is expected to continue to be a drag on the state’s tax collections even after the economy begins to pick up in future years, according to forecasters.

       

      Florida Governor Scott touts economic incentives, but lawmakers skeptical

      Fresh off a trade mission to Colombia last week, Governor Rick Scott emphasized the importance of economic incentive deals and claimed they are essential in bringing jobs to Florida.

       

      Blog:  Florida companies net $40 million from Colombia trip

      Enterprise Florida reports 110 companies netted a combined $40 million in sales during its three-day trade mission to Colombia, according to the Tallahassee Democrat.

       

      Leon County Democrats back Allison Tant for state chair

      Leon County Democrats have devised a deal designed to help Allison Tant win the top spot in the Florida Democratic Party next month.

       

      Blog:  Florida Senator Tom Lee adds to duties, is elected chairman of Hillsborough County GOP

      As if he didn’t have enough to do being a new father and a newly elected State Senator, Tom Lee added to his duties by winning a vote to become chairman of the Hillborough Republican Executive Committee.

       

      Florida Attorney General Pam Bondi bans “disgusting” synthetic drugs

      As police across Florida sternly warned merchants to stop selling legal synthetic drugs, Attorney General Pam Bondi issued an emergency order Tuesday banning 22 more “disgusting” substances marketed to young people as safe alternatives to marijuana, cocaine and other illegal stimulants or hallucinogenic drugs.

       

      Three finalists vie to be Florida education commissioner

      Three men who want to lead Florida’s public schools and colleges made the case for why they should be the state’s next education commissioner during interviews Tuesday.

       

      Evidence of 98 deaths at Florida reform school found

      The researchers used ground penetrating radar to find at least 50 grave sites at the Arthur G Dozier School for Boys and said there could be more yet to be discovered.

       

      Jersey Shore Development Failures Exposed By Hurricane Sandy

      Along the two-lane highway that threads this narrow spit of sand on the Jersey Shore, the Driftwood Cabana Club stands out as a monument to Hurricane Sandy’s destruction.

       

      New York Governor Weighs Supplemental Uninsured/Underinsured Motorists Bill

      A New York State bill concerning the Supplemental Uninsured/Underinsured Motorists coverage has recently been delivered to New York Governor Andrew Cuomo, who has until the middle of next week to either sign or veto the measure.

       

      Kansas Insurance Commissioner Names New Top Staffers

      Kansas Insurance Commissioner Sandy Praeger has appointed a new assistant commissioner and general counsel, shuffling her staff after the departure of her top deputy.

       

      Alabama Court Changes Standard for Commercial Vehicle Total Loss

      The Alabama Supreme Court has changed a 57-year-old standard on how commercial vehicle owners get compensated when their vehicle is totaled in an accident.

       

      Catastrophe Bonds:  An Innovative Renewable Energy Risk Management Tool?

      What’s the easiest way to avoid purchasing costly catastrophe insurance for your renewable energy project? Answer:  Don’t site your project in an area with a high probability of natural disasters.

       

       

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