Capitol to Courthouse Florida Insurance Report: Wednesday, March 19
Mar 19, 2014
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. to 11:00 a.m. –Florida House Insurance and Banking Subcommittee meeting. Agenda includes consideration of the following bills and committee substitutes:
- CS/HB 331 relating to Residential Tenant Insurance Policies by Civil Justice Subcommittee; Senator Reggie Fullwood
- HB 1271 relating to Insurer Solvency by State Representative Clay Ingram
- HB 1273 relating to Public Record/Proprietary Business Information/Florida Office of Insurance Regulation by State Representative Clay Ingram
- PCS for HB 1035 relating to Insurance by State Representative Jim Boyd
- PCS for HB 1351 relating to Workers’ Compensation Fees by State Representative Charlie Stone
10:00 a.m.–Florida Board of Employee Leasing Companies Board meeting. Teleconference: 888-670-3525; conference code: 7489217568#. To view the meeting notice, click here. To view the agenda, click here.
11:00 a.m. to 12:30 p.m–Florida Senate Committee on Banking and Insurance meeting. Agenda includes consideration of the following bills:
- SB 754 relating to Certificates of Destruction by Senator Rob Bradley
- SB 1344 relating to Insurance Association Appointments by Senator Oscar Braynon
- SM 1538 relating to Terrorism Risk Insurance Act by Senator Aaron Bean
- SB 1260 relating to Insurance by Senator Jeff Brandes
- SB 1274 relating to Citizens Property Insurance Corporation by Senator Alan Hays
Daily Florida Insurance-Related News
Florida storm fund’s plan to buy private reinsurance stalls
A plan slammed as “insane” by one lawmaker – which could raise insurance bills for Florida homeowners by having a state storm fund buy $1.5 billion of private reinsurance – did not reach the Florida Cabinet on Tuesday and may be running out of time before hurricane season, Charles Elmore reports for the Palm Beach Post.
Vehicle and license fee cuts clear Senate floor
Vehicle registration and driver’s license fees will be cut by nearly $395 million per year under legislation that passed unanimously in the Senate on Tuesday, The Florida Current’s Gray Rohrer reports.
A “Final Tribute from a Grateful State” for Askew
In a flag-draped casket topped by a single white rose, former Gov. Reubin Askew lay in state on Tuesday in the historic Old Capitol, the building where the “man of courage” was inaugurated and served as a state legislator more than four decades ago, THE NEWS SERVICE OF FLORIDA’s Dara Kam reports via SayfieReview.com.
Republican Party of Florida files complaint over Crist billboards
A day after the state Democratic Party announced filing of a Florida Elections Commission complaint against the Republican Party, the GOP fired a salvo Tuesday at the familiar law firm billboards featuring ex-Gov. Charlie Crist’s smiling face, The Florida Current’s Bill Cotterell reports.
Big banks meet obligations of robo-signing settlement, but homeowner relief falls short
Nearly $4 billion in Florida relief has been started or approved for principal-forgiveness trials, though homeowners must stay current on payments and meet other guidelines to qualify for the relief, Tampa Bay Times’ Drew Harwell reports.
In-State Tuition Bill Narrowly Passes Senate Committee
A bill to offer in-state tuition for children of undocumented immigrants squeezed through the Senate Education Committee Tuesday. The vote was 5-4, Allison Nielsen reports for SunshineStateNews.com.
Solvency II, Not TRIA, Shaping Up as Year’s Hottest Debate
Ever since Congress last renewed the program in 2007, I’ve expected that reauthorizing the Terrorism Risk Insurance Act (TRIA) would dominate Washington’s insurance debate in late 2014, blogs Eli Lehrer of R Street Institute via Insurance Journal.
Texas Insurance Regulators Invite Input on Surplus Lines Rules
Texas regulators are seeking comments on new rules related to surplus lines insurance, Insurance Journal reports.
Spitzer Files Papers to Block Former AIG Leaders from Accessing Personal Emails
Former N.Y. Gov. Eliot Spitzer has filed legal papers to block the former bosses of insurance giant AIG from gaining access to his personal e-mails, reports The New York Post via PropertyCasualty360.
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