Capitol to Courthouse Florida Insurance Report: Wednesday, November 21

Nov 21, 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

There are no Florida insurance-related events scheduled for today.



Daily Insurance-Related News


Citizens Property Insurance to report on watchdog firings

Citizens Chairman Carlos Lacasa joined Gov. Rick Scott in the chorus calling for a thorough review of the recent firings of the state-run property insurer’s Office of Corporate Integrity employees.


Corporate cauldron of misconduct alleged at Citizens Property Insurance

At Citizens Property Insurance Corp., a corporate culture plagued by inter-office scandals, sexual impropriety, lavish spending, alleged cover-ups and big severance checks for disgraced employees has simmered under the radar for years, according to hundreds of internal documents obtained by the Herald/Times.


Friends of the Everglades:  The Sea Eats Miami

After the 1992 super-hurricane Andrew, South Florida was in a state of shock, similar to coastal New Jersey and New York today. Andrew was a compact, category five hurricane.


Measure filed to ban texting and driving in Florida

Drivers would be banned from manually typing or reading texts, emails or other electronic messages while operating a car under legislation filed in the Senate Tuesday.


Kingsway finalizes purchase of Florida-based Intercontinental Warranty Services

Kingsway Financial Services and its subsidiary 1347 Capital has finalised the purchase of certain tangible and intangible assets and liabilities of Florida-based Intercontinental Warranty Services.


Opinion:  The New PIP Will Fail

The New Florida PIP law, also known as House Bill 119, will not save Floridians any insurance premium money.


Boyd Group Acquires 11 Florida Locations

The Boyd Group, parent company of Gerber Collision and Glass, has announced that it has reached an agreement to acquire the assets of The Recovery Room of Central Florida, Inc. which owns 11 collision repair centers in Orlando, Florida.


Florida lawmakers sworn in, face daunting work

A diverse new class of lawmakers reported to work in the Florida Legislature on Tuesday, tasked with plunging into problems over education, the economy, health care and a national election embarrassment to fix.


Former Florida mortgage executive pleads guilty to widespread robo-signing

In a landmark robo-signing case, a former executive of a Jacksonville mortgage-processing giant faces up to five years in prison after pleading guilty to orchestrating years of fraudulent foreclosure documents, according to a plea deal filed Tuesday in Jacksonville federal court.


Investment community keeping an eye on Florida Power & Light settlement hearings

Investors aren’t directly involved in Florida Public Service Commission hearings underway in Florida Power & Light Co.’s proposed rate increase settlement. However, issues that concern them, such as the company’s profits, are on the table.


Teachers Union Questioning Florida’s New Value-Added Model Evaluation System

Margaret Goodman says she received high marks from all five principals she’s worked for during 39 years, yet Florida’s new evaluation system gave her a low rating of “needs improvement.”


U.S. Releases New Healthcare Reform Rules on Insurance Coverage

President Barack Obama’s administration on Tuesday formally proposed new rules requiring insurers to cover people with preexisting conditions and set minimum health benefits to millions of others under U.S. healthcare reform law.


Louisiana Citizens Property Insurance Releases Nearly 7,000 Homeowners Policies

Louisiana Insurance Commissioner Jim Donelon announced that Louisiana Citizens Property Insurance Corp. has completed a sixth round of depopulation with 6,877 residential policies being transferred to the private insurance market


Superstorm Sandy leaves Northeast with few rental cars

Thanksgiving travelers who have yet to rent a car in the Northeast are out of luck:  Superstorm Sandy has created a shortage.



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