Capitol to Courthouse Florida Insurance Report–Wednesday, February 18, 2015
Feb 18, 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.
9:00 a.m.–Florida Board of Employee Leasing Companies General Business meeting. Continuation of the February 17 meeting. To view the agenda, click here.
9:30 a.m.–Florida Office of Insurance Regulation Proposed Rule Hearing. Proposed amendments to Rule 69O-144.005, “Credit for Reinsurance,” and 69O-144.007, “Credit for Reinsurance From Eligible Reinsurers,” would conform Florida to the National Association of Insurance Commissioners’ Model Law for accreditation purposes and provide consistency among regulatory jurisdictions on how reinsurers are granted the status of “certified reinsurer” (currently termed “eligible reinsurer” in the Rule) and the manner in which Florida domestic insurers can apply credit for reinsurance from these entities. To view the hearing notice, click here.
State law forbids car insurers from setting rates in a territory as small as one ZIP code given concerns it could be abused to discriminate against low-income, minority or other customers, but a bill that cleared Florida legislative committees Tuesday would change that, the Palm Beach Post’s Charles Elmore reports.
Residents of Pinellas County beach communities from Clearwater down to St. Pete Beach and Tierra Verde will now have to register for and show a scannable permit when exiting and re-entering barrier islands during and immediately after a mandatory evacuation. Janelle Irwin reports for SaintPetersBlog.com.
Access to specialty physicians varies greatly depending on location and but there will be an overall shortage of about 3,700 physician specialists by the year 2025 and rural areas will be the hardest hit, a study released Tuesday by the Teaching Hospital Council of Florida and the Safety Net Hospital Alliance shows. Christine Jordan Sexton reports for SaintPetersBlog.com.
Orlando’s recently passed vehicle registration fee and base rate for Uber drivers won’t be affected by upcoming legislation aimed at allowing ridesharing companies greater access to Florida markets, the bill’s sponsor said Tuesday. Gray Rohrer reports for the Orlando Sentinel.
Water-related projects totaling nearly $1.2 billion have been proposed as state lawmakers decide how to carve up a pot of money that voters want for land and water conservation and management. THE NEWS SERVICE OF FLORIDA’s Jim Turner reports via SunshineStateNews.com.
MetLife is fighting its too-big-to-fail designation because even if it improbably failed, the collapse would not affect other institutions, said the company’s CEO at a banking conference last week. Arthur Postal reports for InsuranceNewsNet.com.
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