Capitol to Courthouse Florida Insurance Report–Wednesday, September 3, 2014
Sep 3, 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.
8:30 a.m.–Florida Workers’ Compensation Insurance Guaranty Association Investment Committee meeting. Tallahassee, Florida. To view the meeting notice, click here.
Tuesday marked the dawn of a new era for more than 900,000 customers of state-run insurer Citizens. Their decision to renew their policy could be taken out of their hands by a computer, thanks to a law passed by state legislators to help shrink Citizens last year. Charles Elmore reports for the Palm Beach Post.
- Citizens Expands Tool For Customers To Find Private Insurance
- Citizens begins forcing customers to private insurers
AAA named a tiny town between Jacksonville and Gainesville one of only two “traffic traps” nationwide and even placed an attention-getting billboard outside the limits of the town to warn drivers to slow down before entering. Associated Press’ Jason Dearen reports via the Tampa Tribune.
A dispute about how Walt Disney World doles out extra shifts to workers will go to an arbitrator on Friday, Orlando Sentinel’s Sandra Pedecini reports.
The U.S. Supreme Court could wade into a First Amendment debate about whether it is constitutional for Florida and other states to bar judicial candidates from personally soliciting campaign contributions, THE NEWS SERVICE OF FLORIDA’s Jim Saunders reports via SayfieReview.com.
Florida regulators are preparing for the launch of a new industry, SaintPetersBlog.com’s James Call reports.
Miami-Dade offers a trio of competitive House races in 2014, where incumbents in swing districts could face upset, as long as the opponents raise enough cash to launch effective campaigns, SaintPetersBlog.com’s Phil Ammann reports.
Tampa Bay will almost certainly play a significant role in the upcoming Florida House races, where a trio of first-time GOP candidates and several from high-profile political families, are poised to make substantial gains in Pinellas County, SaintPetersBlog.com’s Phil Ammann reports.
Of the 120 Florida House seats up for grabs in 2014, the term “competitive” is applicable to only a handful. In a majority, there was either there was weak or no competition, or the primary winners face write-in candidates, who have practically zero chances for success in November. SaintPetersBlog.com’s Peter Schorsch reviews the landscape.
North Orlando suburbs make up the majority of House District 29, which covers much of Seminole County and the cities of Lake Mary, Longwood and parts of Sanford, SaintPetersBlog.com’s Phil Ammann explains.
On the East Coast of Florida, a pair of incumbents faces stiff competition from solid candidates, SaintPetersBlog.com’s Phil Ammann writes.
House District 36 is the hotly contested seat that went from Republican to Democrat last October in a special election to replace popular State Representative Mike Fasano, who resigned to become Pasco Tax Collector, SaintPetersBlog.com’s Phil Ammann reports.
Reggie Fullwood could well pay the price for a notary’s mistake as he ponders his political future, Jeff Henderson reports for SunshineStateNews.com.
As states liberalize their marijuana laws, public officials and safety advocates worry there will be more drivers high on pot and a big increase in traffic deaths, Associated Press reports via SaintPetersBlog.com.
RMS, the world’s leading catastrophe risk management firm, estimates that insured losses from the August 24, 2014 South Napa Earthquake will not exceed $250 million, the company reports via Advisen.com.
Bankers and U.S. officials have warned that cyber-terrorists will try to wreck the financial system’s computer networks. What they aren’t saying publicly is that taxpayers will probably have to cover much of the damage. Bloomberg’s Carter Dougherty reports for Insurance Journal.
The worst reinsurance market in memory looks set to carry into 2015, industry executives said. Bloomberg’s Oliver Suess and Carolyn Bandel report.
Louisiana Attorney General Buddy Caldwell filed a lawsuit last month against State Farm Insurance alleging the nationwide insurer has engaged in a pattern of unfair and fraudulent business practices aimed at controlling the auto repair industry and forcing unsafe repairs on vehicles without the knowledge or consent of Louisiana consumers.
A jaw-dropping judgment issued in 2011 in favor of Joseph Martin Radcliff is the largest defamation award in Indiana and one of the largest ever in the U.S. Now, State Farm is claiming Radcliff obtained that judgment through fraud on the court. The Indianapolis Star reports via Advisen.com.
Amendments made to a California bill that would require minimum insurance standards for ridesharing have eased opposition from companies like Lyft and Uber which, for the past year, have been waging war with state lawmakers on the issue. Joseph Jaafari reports for National Underwriter’s PropertyCasualty360.com.
The touted start-up is proving to be the embodiment of unrestrained hyper-capitalism. Salon’s Andrew Leonard asks . . . what happens when it wins?
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