Capitol to Courthouse Florida Insurance Report: Wednesday, January 23

Jan 23, 2013



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


9:00 a.m.–Florida Cabinet meeting; To view the complete agenda, click here.

  • State Board of Administration.  To view the meeting notice, click here.
    • Address and take action on the need for Florida Hurricane Catastrophe Fund (“FHCF”) liquidity, and to request that the FHCF Finance Corporation engage in financial transactions to provide sufficient funds to achieve the purposes of Section 215.555, F.S.
      • NOTE:  A meeting of the FHCF Finance Corporation Board of Directors is scheduled upon conclusion of the Cabinet meeting.  To view the meeting notice, click here.
    • Appoint a Chair to the Florida Commission on Hurricane Loss Projection Methodology
    • Obtain approval to file Rule 19-8.029, “Insurer Reporting Requirements,” and Rule 19-8.030, “Insurer Responsibilities,” for Notice of Proposed Rulemaking and for adoption if no member of the public requests a hearing in a timely manner

9:00 a.m.–Florida Surplus Lines Service Office Board of Governors Quarterly Meeting; Tallahassee, Florida. To view the meeting notice, click here.  To view the agenda, click here.

  • The FSLSO Audit Committee is scheduled to meet at 11:00 a.m. 

3:00 p.m.–House Insurance and Banking Subcommittee
hears presentations and discusses property insurance rate filings.  Room 404 House Office Building. The Capitol.  Tallahassee, Florida.  To view the meeting packet, click here.

4:00 p.m.–Senate Committee on Banking and Insurance: Citizens Property Insurance discussion.  Room 110 Senate Office Building.  The Capitol, Tallahassee, Florida.  To view the meeting packet, click here.



Daily Florida Insurance-Related News


Florida’s Citizens Property Insurance Backs Bill Calling for More Oversight

Florida’s state policyholder-backed property insurer says it welcomes a newly proposed legislative initiative that would create an independent inspector general to oversee the insurer’s handling of employee complaints and use of funds.


Lawmakers seek to create Inspector General for Citizens Property Insurance

A state lawmaker has filed legislation to create an inspector general position to oversee the state-backed Citizens Property Insurance Corp.


Palm Coast Cited Among Florida Cities Most Vulnerable to Climate Change in Latest Review

A little over a week ago, the federal National Climate Assessment released its third draft report on the effects of global warming, sea level rises, intensifying extreme weather events such as hurricanes and storm surges.


Blog:  Florida senators hear opposing viewpoints on Affordable Care Act

A Massachusetts college professor known as “Mr. Mandate” made the case why the Florida Legislature should embrace the Affordable Care Act. But nearly every point he made was countered by a representative from the conservative Cato Institute that is dead set against the health care law.


South Florida hospitals face huge federal, state cuts

With the federal government already slashing their funds in big and small ways, and major state cuts possible from the upcoming session of the Legislature, South Florida’s hospitals are concerned about looming financial problems.


“Eyeball wars” return to the Florida Legislature

A perennial battle between optometrists and ophthalmologists returns to the Florida Legislature this spring.


Ethics reform bill passes out of committee on unanimous vote

A sweeping ethics reform bill Tuesday passed out of the Senate Ethics and Elections Committee on an unanimous 13-0 vote. 


Florida Governor Scott’s business tax break filed in House

One of Governor Rick Scott’s top legislative priorities was filed as HB 401 Tuesday by freshman Representative Ross Spano, R-Dover.


Lawyers ready for trial for ex-GOP leader Greer

Prosecutors and defense attorneys said Tuesday they’re ready for next month’s trial of former Florida GOP leader Jim Greer, who is charged with funneling party money to his private company.


Richter’s Florida gaming committee gathers pro, con testimony on gambling

A committee that’s looking at the state’s gaming industry heard conflicting testimony Tuesday about how the state Legislature should proceed when it comes to gambling.


Ex-Senator Nelson Named National Association of Insurance Commissioners CEO

Former Nebraska Senator Ben Nelson has been named CEO of the National Association of Insurance, the organization announced today in a news release.


Seismic Activity Rose, Then Dropped After Louisiana Sinkhole “Burp”

Scientists have noticed a recent increase in seismic activity near the 8.5-acre sinkhole at Bayou Corne, and worry that it might grow again, Assumption Parish officials say.


Kansas Commissioner Names Sourk Director of Consumer Assistance

Kansas Insurance Commissioner Sandy Praeger has named Jennifer R. Sourk as the director of the Kansas Insurance Department’s Consumer Assistance Division.


McGovern of Lloyd’s:  U.S. Still Needs Terrorism Risk Insurance Act

The Terrorism Risk Insurance Act isn’t set to expire until the end of 2014, but that doesn’t mean it won’t be an issue in 2013, says Lloyd’s director for North America.



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