Capitol to Courthouse Florida Insurance Report: Wednesday, November 28

Nov 28, 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


12:00 p.m.–Florida Self-Insurers Guaranty Association meeting; Tampa, Florida.  To view the meeting notice, click here.

1:00 p.m.–Citizens Property Insurance Corporation Actuarial and Underwriting Committee meeting;  Teleconference:  866-361-7525; participant code:  8632017402#.  To view the meeting notice, click here.

1:00 p.m.–Florida Board of Employee Leasing Companies Board Meeting; Orlando, Florida.  To view the meeting notice, click here.  To view the agenda, click here.

    2:00 p.m.–Florida Workers’ Compensation Joint Underwriting Association Rates and Forms Committee meeting; To view the meeting notice, click hereTo view the agenda, click here.



    Daily Insurance-Related News


    Citizens Property Insurance defends investigator firings, wants to move on

    Citizens Property Insurance Corp. CEO Barry Gilway acknowledged he mishandled the firing of four investigators that made up the Office of Corporate Integrity, but defended the dismantling of the office as a restructuring of Citizens’ internal oversight.


    Policy holders unhappy with Citizens Property Insurance $6 billion surplus

    The historic look of this home attracted Renee Rattray and her family to West Palm Beach.


    Florida Judge Says Property Insurance Forms Flawed

    The forms used by property insurers across the state to calculate insurance discounts for homeowners are seriously flawed and must be completely thrown out, an administrative judge has found in a potentially groundbreaking ruling.


    Florida drivers the speediest in the nation

    Florida may be the slowest state in the union at counting votes, but Sunshine State drivers sure know how to hustle.


    Florida leads nation in auto insurance fraud

    Florida is prone to having automobile insurance fraud.


    Federated National Holding Company Discusses 2012 Notice of Assessment

    Federated National Insurance Company, a wholly owned subsidiary of Federated National Holding Company, received a Notice of 2012 Assessment from the Florida Insurance Guaranty Association, Inc.


    Florida auto loan delinquency rate rises

    Florida’s auto loan delinquency rate was 0.46 percent in third quarter, up from 0.41 percent in the second quarter, according to a TransUnion report released November 27.


    “Community Affairs” disappears from subcommittee name as focus on growth management fades

    What’s in a name? Perhaps a lot less when it no longer includes “community affairs” — aka growth management.


    Florida Governor Rick Scott wants to double Florida job training program

    Governor Rick Scott wants to double funding for Florida’s “quick response” job training program.


    Florida Chief Financial Officer Jeff Atwater must testify in ‘Taj Mahal’ case

    Chief Financial Officer Jeff Atwater will have to answer questions under oath in a lawsuit filed by the owner of a Tallahassee art gallery that was never paid for framed photographs valued at more than $357,000 for the new 1st District Court of Appeal.


    Florida Governor pushes $10,000 college degree, draws fire from critics

    Hours after Governor Rick Scott challenged 28 state colleges to develop a $10,000 bachelor’s degree program to make college more affordable for families, state Democrats said the move would make the colleges the “Walmart of education.”


    Florida House leadership assignments will test bipartisanship

    The bipartisan spirit is already receding from last week’s swearing-in ceremony and Florida House Speaker Will Weatherford looked more like a typical conservative Republican with the unveiling of his committee assignments on Monday.


    From “best” to “worst” run states, Florida fares poorly

    How’s Florida doing?  You’d think we would know the status of our own state, but it’s not so easy to pin down.


    Munich Re:  Smaller sized insurers can issue catastrophe bonds

    Booming demand for catastrophe bonds should make them accessible and affordable for smaller insurance companies looking for alternative ways to cover themselves against natural disasters, according to the world’s biggest reinsurer Munich Re.


    USA Today:  Insurance complaints growing in Sandy-battered New Jersey

    Hurricane Sandy has created a superstorm of insurance complaints, as consumers hound state regulators to combat slow action by insurers or for help on other claim matters.