Capitol to Courthouse Florida Insurance Report: Wednesday, October 2

Oct 2, 2013

 

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 insurance-related events scheduled for today.

 

 

Daily Florida Insurance-Related News

 

Florida Workers’ Compensation Rates Could Rise One Percent in 2014, NCCI Says

During a hearing Tuesday before the Florida Office of Insurance Regulation, Harry Shuford, NCCI chief economist, credited improvements to the economy and gains in the stock market as factors in keeping the current workers’ compensation rate projections down, THE NEWS SERVICE OF FLORIDA’S Jim Turner reports via Naples Daily News.


Two Arrested In Separate Florida Workers’ Comp Check-Cashing Schemes

Florida authorities have made another arrest as part of “Operation Dirty Money,” an ongoing enforcement initiative to identify those bilking the workers’ compensation system, Christina Bramlet reports for National Underwriter’s PropertyCasualty360.com.

 

More senior drivers in Florida means bigger road signs

With coming population growth in the state, most of it senior citizens, Florida’s going to need bigger signs, James Rosica reports for the Tampa Tribune.

 

Deadline extended for final gaming report

Faced with omissions and confusing data in the 464-page draft report on gaming in Florida, the chairman of the Senate Gaming Committee on Tuesday said that legislators will give a month-long extension the Spectrum Gaming Group so that the company can refine the final draft that was due yesterday, the Miami Herald’s Mary Ellen Klas reports.

 

Florida sues Georgia over water use

Gov. Rick Scott and Attorney General Pam Bondi sued the state of Georgia in the U.S. Supreme Court on Tuesday, asking the justices to protect Apalachicola’s oyster beds by fairly dividing waters of the Chattahoochee and Flint Rivers that flow down to the Florida Panhandle, The Florida Current’s Bill Cotterell reports.

 

Paul Renner Off and Running for Open House Seat on First Coast

Attorney and Navy veteran Paul Renner has a solid head start in his bid for an open Florida House seat. Renner’s campaign announced on Tuesday that more than $60,000 had been brought in during the third quarter of 2013, Kevin Derby reports for SunshineStateNews.com.

 

New York’s Lawsky Sees Obamacare as Model to Simplify Home Insurance

Homeowners’ insurance needs to be more standardized because customers are confused about what their policies protect, New York’s financial regulator said.  Insurance Journal’s Zachary Tracer and Noah Buhayar report.

 

New NAPSLO President Kevin Westrope Discusses Surplus Lines Industry

NAPSLO’s new president discusses the growth the of the surplus lines industry, some of its biggest challenges and communicating the value that wholesalers bring to the table with PropertyCasualty360.com’s Shawn Moynihan.

 

New Guy Carpenter Practice to Focus on Excess and Surplus Carrier Needs

Guy Carpenter & Co. has launched an Excess & Surplus Specialty Practice to help insurers in this space deal with competitive pressures and market fluctuations related to the standard market’s appetite, Chad Hemenway reports for National Underwriter’s PropertyCasualty360.com.

 

African brokers seek to end capital flight on reinsurance commission

Insurance brokers in Africa have blamed continues capital flight on reinsurance commission from the continent on the inability of it’s over twenty-year-old-body, African Insurance Brokers’ Association (AIBA) to stabilise and serve the purpose of its establishment, Modestus Anaesoronye writes for Business Day.  

 

 

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