Capitol to Courthouse Headliners: Friday, August 28

Aug 28, 2009

 

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Above:  Florida Governor Charlie Crist tapped former Chief of Staff George LeMieux (left) today as Mel Martinez’ replacement.

 

Gov. Crist Picks LeMieux for Senate Seat

Gov. Charlie Crist chose trust and loyalty on Friday over Washington experience or potential political gain in choosing former chief of staff George LeMieux to replace Republican U.S. Sen. Mel Martinez.

 

NEWS SERVICE OF FLORIDA:  Crist Taps LeMieux for U.S. Senate, Dems Cry Cronyism

When it came time for Gov. Charlie Crist to tap someone for the U.S. Senate post he is seeking to win next year, the governor played it safe and picked the man who helped win him the job he has now.

 

Despite lower rating, Tower Hill says it’s in good shape if hurricanes hit

Despite taking a major hit to its financial strength rating, Gainesville-based Tower Hill Insurance Group says it is in a better position to cover hurricane claims after shunning voluntary state reinsurance.

 

Keep pressure high over toxic drywall issue

Some issues tend to fade over time. Not tainted drywall.

 

Laws target lousy drivers

As Florida’s children return to classes this fall, so will drivers caught speeding past stopped school buses and committing other dangerous infractions.

 

Gaming talks continue as Monday deadline looms

Negotiators are sprinting toward a Monday deadline in an effort to reach agreement on terms of a gaming pact passed last spring by the Florida Legislature.

 

Florida banks losses near $1 billion at mid-year

Losses at Florida’s financial institutions have hit nearly $1 billion through the first half of 2009.

 

Texas Regulators look into windstorm insurer’s roof policy

State regulators are investigating how the Texas Windstorm Insurance Association handles certain roof claims related to Hurricane Ike. 

 

Calif. insurance regulator to sue over state fund

California’s insurance commissioner says he plans to sue Gov. Arnold Schwarzenegger’s administration over plans to sell part of the state workers’ compensation insurer for $1 billion.

 

AIG Comp Fraud Case To Enter Next Stage 

Attorneys will be in federal court in Chicago on Monday to discuss management of a prospective class-action for more than 500 insurers, which accuses American International Group of civil racketeering and fraud. 

 

Insurance securitization key to industry stability: IAIS

International Assn. of Insurance Supervisors said it plans to issue guidance on insurance securitization and make recommendations on common standards for supervising risk transfer to the capital markets by 2011.

 

Burglars using Facebook, Twitter to find targets Insurer reports

Facebook users enthusing about an upcoming holiday or a recently purchased high-tech gadget may not just be telling their friends but also potential burglars, warns an insurance company.

 

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