Capitol to Courthouse Florida Insurance Report: Wednesday, June 8
Jun 8, 2011
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There are no insurance-related events scheduled today.
Tampa Bay area AAA Auto Club South plans to combine its operations with the nonprofit’s Midwest counterpart, enabling it to expand services including auto and homeowners insurance policies.
Weiss Ratings, which rates the financial health of companies, reported last week that the state’s two largest private insurers – State Farm Florida and Universal Property & Casualty – are in poor financial shape.
Florida already leads a lawsuit challenging the federal health care law, but state officials are going a step further and ignoring the law almost entirely – rejecting millions of federal dollars to provide health care for retirees, seniors, children and people with disabilities.
With public hearings starting Friday on Florida’s new Medicaid overhaul, a physician who serves on a state advisory panel questioned Tuesday whether the plan would attract doctors.
Florida House Democrats urged a pair of Republican Cabinet members Tuesday to push for more answers and an apology from Republican Governor Rick Scott for his office’s role in bullying a couple dozen Democratic protesters at last month’s budget-signing ceremony.
Democratic provocateur Jon Ausman on Tuesday called on the Florida Democratic Party to create a code of ethics and take a cue from the national party by banning donations from corporations and lobbyists.
An administrative judge ruled Tuesday that Microsoft Corp. should not have won a nearly $24 million contract to develop a new web-based system intended to help students, parents and teachers in Florida master new standards.
Florida has once again been deemed the center of the nation’s suffering housing market, as a new study shows the state is responsible for more foreclosures than any other state.
An attempt by leaders of Florida’s state university system to plan for the future and avoid duplication among rival schools is running into the same kind of resistance that has doomed past efforts.
Former Ruth’s Chris Steak House CEO Craig Miller is now leaning toward a Senate run in Florida, visiting Washington D.C. this week to meet with Republican officials and conservative groups ahead of a possible bid, reports Politico.
The Buzz is that Governor Rick Scott’s big announcement tomorrow is that a Montreal-based armored-car company is moving its U.S. headquarters from Pasadena, California to Boca Raton.
Texas Governor Rick Perry has added legislation relating to the operation of the Texas Windstorm Insurance Association as an issue to be addressed during the special session of the Legislature that began on May 31.
As members of a Texas House committee heard Tuesday about a bill tackling the operations of the Texas Windstorm Insurance Association, the new manager of the association insisted that the oft-maligned insurer has improved and would be able to handle a sizable storm this year.
Authorities were probing the deaths Wednesday of two unarmed state investigators shot dead by a troubled small-town insurance agent whose office they were paying a visit.
Building contractors run into problems doing business in New York City after June 13 when a new set of insurance requirements is scheduled to take effect, says an independent agent group.
Marsh now offers an option for organizations with significant earthquake and/or windstorm exposures that are unable to purchase enough insurance to adequately protect their assets.
A bill has been introduced that would establish a federal mechanism to resolve disputes between risk retention groups and non-domiciliary states.
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