Capitol to Courthouse Florida Insurance Report–Wednesday, May 21

May 21, 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

 

11:00 a.m.–Florida Workers’ Compensation Joint Underwriting Association Producer Committee meeting; 11:00 a.m.  To view the agenda, click here.

     

     

    Daily Florida Insurance-Related News


    Florida’s Federated National Holding Company Stocks Jump Brilliantly After a Massive Quarter

    Federated National Holding Co (NASDAQ:FNHC) caught every investor’s eye, as it shaped out as a great mover in the last quarter, Michael Allen reports for BasicsMedia.com.

     

    South Florida is deadly for pedestrians, report says

    South Florida is the nation’s fourth-most-dangerous metropolitan area for pedestrians, according to a report issued Tuesday, with people on foot being run down by motor vehicles at almost triple the average rate for the rest of America, the Miami Herald’s Glenn Garvin reports.

     

    Scott receives budget, veto watch commences

    Florida Governor Rick Scott formally received the 2014-2015 fiscal year budget (HB 5001) Tuesday, starting the 15-day clock for him to decide upon line-item vetoes, The Florida Current’s Gray Rohrer reports.

     

    Matt Gaetz’s Lawsuit Accuses Florida Department of Transportation of Withholding Public Records

    Acting in his capacity as a litigator and not as a legislator, State Representative Matt Gaetz is accusing state transportation officials of stonewalling on a public records request made by a client seeking information about potentially dangerous guardrails, THE NEWS SERVICE OF FLORIDA’s Dara Kam reports.

     

    Weatherford says there was no politics in redistricting

    Florida House Speaker Will Weatherford testified Tuesday that Republican legislative leaders “went to great lengths” to keep partisan politics out of the congressional redistricting process three years ago, The Florida Current’s Bill Cotterell reports.

     

    U.S. House approves Everglades, port spending

    The U.S. House on Tuesday approved federal spending to re-create a wetlands area in western Broward County that will cleanse polluted runoff that now gets dumped into the Everglades, William Gibson reports for the Sun-Sentinel.

     

    Senator John Thrasher nominated for Florida State University president

    Former Florida State President Talbot “Sandy” D’Alemberte on Tuesday nominated state Sen. John Thrasher to be FSU’s president, calling him “a joy to work with” when Thrasher was a university trustee during D’Alemberte’s presidency, Tampa Bay Times’ Steve Bousquet reports.

     

    Longtime Orlando School Board Member Files For 2016 Senate Race

    This week, Orange County School Board member Rick Roach filed papers to run as a Democrat in 2016 for the Senate seat vacated by term-limited Senator Andy Gardiner, SaintPetersBlog.com reports.

     

    U.S. House Subcommittee Hears Comments on Expanding Risk Retention Group Coverages

    A representative of the risk-retention industry as well as the Property Casualty Insurers Association of America urged Congress to expand the Risk Retention Act to allow risk-retention groups to expand coverage to all commercial property and casualty lines except workers’ compensation, Arthur Postal reports for National Underwriter’s PropertyCasualty360.com.

     

    U.S. House Republicans Offer Road Map for the Future of Terrorism Insurance

    Having previously played (and arguably, lost) two prior rounds of legislative “chicken” with the insurance industry, congressional conservatives are making it known that, this time around, they’re quite serious about a radical reworking of the 12-year-old Terrorism Risk Insurance Program, Ray Lehmann blogs via Insurance Journal.

     

    AIG Suit a Bid to Hobble Probe, New York Says in Dismissal Bid

    New York Attorney General Eric Schneiderman asked a federal judge to dismiss a lawsuit filed by American International Group Inc. against the state’s Department of Financial Services and its superintendent, Benjamin Lawsky, saying the insurer is trying to interfere with a government probe, Bloomberg’s Patricia Hurtado reports via National Underwriter’s PropertyCasualty360.com.

     

    Today’s Georgia Primary to Decide Opponent for Insurance Commissioner Hudgens

    Two former insurance agents are vying to win the Democratic primary in Georgia today and the right to face incumbent Insurance Commissioner Ralph Hudgens, a Republican, in the November election, Insurance Journal reports.

     

    Oklahoma Insurance Commissioner Doak remembers tornado victims, plans consumer assistance event

    Oklahoma Insurance Commissioner John D. Doak paid tribute to the victims of the Moore tornado Tuesday at the Moore Community Remembrance Ceremony, The Norman Transcript reports.

     

    Workers’ Comp Institute Reveals Program for August Conference in Orlando 

    The Workers’ Compensation Institute (WCI) has revealed the full program for its 69th annual Workers’ Compensation Educational Conference (WCEC), to be held Aug. 17-20 at the Orlando World Center Marriott in Florida, Shawn Moynihan reports for National Underwriter’s PropertyCasualty360.com.

     

     

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