Capitol to Courthouse Florida Insurance Report: Wednesday, July 11

Jul 11, 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


9:30 a.m.–Florida Insurance Guaranty Association Finance and Audit Committee meeting.  The Committee will discuss selection of Trustee and Investment Banking Services providers for the Florida Insurance Assistance Interlocal Agency.  To view the meeting notice, click here.

11:00 a.m.–Citizens Property Insurance Corporation (“Citizens”) discussion:  New Citizens President Barry Gilway will talk with the media today as he completes his first 30 days heading up the state-backed property insurer.  Teleconference: 1-888-204-5984; Access Code: 7636000.



Daily Insurance-Related News


Blog:  Some good signs for Citizens Property Insurance as it turns 10-years-old

It has been 10 years since state leaders created Florida Citizens Property Insurance by merging two existing state-backed insurance pools.


Florida Property Owner to Pay $1 Million Wrongful Death Claim

The family of a woman killed in a drug-related shooting will receive $1 million from the property owner for a wrongful death claim.


State officials defend Department of Health in Tuberculosis outbreak

State officials came to the defense of the Department of Health on Tuesday after a report that a warning about a serious tuberculosis outbreak in Jacksonville went unseen while the health agency focused on downsizing.


Florida to release larger potential noncitizen voter list

A month before a statewide election, Governor Rick Scott’s top elections official will belatedly release a database of 180,000 voters whose citizenship is in question.


Stand your ground panel hears testimony

The task force created by Governor Rick Scott to review Florida’s controversial “stand your ground” law heard from experts on security and neighborhood-watch programs at its third meeting Tuesday along with emotional statements from members of the public who said crime had touched their lives.


State financial regulators tasked to do more with less amid changes

The Office of Financial Regulation is faced with significant staff cutbacks and increased responsibilities as turnover abounds in the department.


Reform group says Florida is No. 1 in voter disenfranchisement

Florida makes it more difficult for ex-felons to regain the right to vote than 46 other states and has the highest rate in the nation of citizens not allowed to vote.


Committee close to Governor Scott raises $2.85 million in 3 months

Tapping major players in Florida politics, a committee closely aligned with Governor Rick Scott collected $2.85 million in contributions during the past three months, a new report shows.


Banker sends confession, disappears in Key West  

After penning a rambling confession to financial regulators and writing notes to his family, a south Georgia bank director boarded a ferry in Key West, Florida, and disappeared.


Policy Counts for States’ Property Insurers of Last Resort Grew 17 percent in 2011:  III

A record-high 3.31 million residential and commercial policies were offered through state-run property insurers of last resort in the United States in 2011, a 17 percent increase over the previous record of 2.84 million in 2010. More than half of the policies are in Florida.


Guy Carpenter’s July 1 Renewals Report:  Plentiful Capacity; Low Insured Losses

According to a report from Guy Carpenter the July first reinsurance renewals “took place against a backdrop of plentiful capacity,” as capital “has continued to strengthen through the second quarter of 2012, moderating pricing pressures.”


Leaving denser Texas coastal counties out to dry if major windstorms strike          

The biggest windstorm in Texas so far this summer has been generated not by the warm waters of the tropics but by the courage of Texas Insurance Commissioner Eleanor Kitzman.


Mississippi Insurance Commissioner Promotes Causey, Browning

Mississippi Commissioner of Insurance Mike Chaney announced the promotions of two members of Mississippi Insurance Department personnel to key senior staff positions.



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