Capitol to Courthouse Headliners: Friday, September 11

Sep 11, 2009


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Associated Industries: Amend stimulus to help our homes

During this time of year, Floridians know to monitor the weather reports carefully in light of the risks from hurricanes that threaten our state annually.


Florida Lawmakers press U.S. to probe tainted drywall

Lawmakers from Florida and Louisiana on Thursday pressed new Consumer Product Safety Commission Chairwoman Inez Tenenbaum for answers to the Chinese drywall problem plaguing thousands of homeowners in their states.


Mortgage Risk Mitigation Company to Add 240 Jobs in Central Florida

Financial services company Digital Risk is expanding its Orlando area headquarters to add at least 240 jobs, the company announced Thursday.  


Returning military personnel should review insurance options

Florida Insurance Commissioner Kevin McCarty Urges Service Personnel to Ensure They and Their Families Maintain the Appropriate Insurance Coverage

As thousands of military personnel prepare to return from deployments in Iraq and Afghanistan in the coming months, they should review their insurance coverage to make certain that they and their families stay protected no matter where they are, according to Insurance Commissioner Kevin McCarty and the National Association of Insurance Commissioners (NAIC).


Contractor on killed Everglades project to get $12 million for walking away

South Florida water managers say they struck a good deal when they agreed to pay a contractor $12 million to walk away from a massive, half-finished reservoir intended to feed water to the parched Everglades.


October special session on gambling ‘unlikely’

Legislative leaders halted Gov. Charlie Crist’s revised Seminole gambling plan Wednesday, an ominous sign as opposition mounts from lawmakers in both parties.


Panel finds Fla. state senator violated ethics

The state Ethics Commission says the Florida Senate should discipline Sen. Gary Siplin for bullying a sheriff’s deputy in a dispute over parking at a football game in 2006.


Proposed amendment to Florida’s Constitution would require higher standards for open meetings, budget writing and public records

In the aftermath of a lawmaker’s indictment and a scathing grand jury report, a pair of legislators want voters to amend Florida’s Constitution to require more “sunshine” in the state Capitol.


Ethics group to look at possible text message between Florida Public Service commissioner and Florida Power official

Two days after the Public Service Commission banned some BlackBerry messaging in its hearing room, the Florida Commission on Ethics will decide whether e-mails sent by BlackBerry may have snagged Commissioner Lisa Edgar in a potential violation of state law.


Quiggle accuses Florida Senate rival Thrasher of spying on his family

The video’s blurry. It appears to be raining outside.


Mississippi’s Chaney Not Backing Down in Fight Against State Farm 45% Hike

Mississippi’s insurance regulator has given State Farm another 30 days to try to justify its request to raise coastal homeowners insurance rates an average 45 percent even though he has already indicated he won’t approve that big of an increase.


N.Y. Insurance Dept. Posts New Compensation Rules For Review 

New York’s insurance department made its new Producer Compensation Transparency Regulation public today outlining how producers should inform clients about compensation and the details they must provide.


California Insurance Commissioner hopes to be State’s next governor

Becoming governor next year will be a daunting challenge for California’s Republican insurance commissioner, but Steve Poizner has surmounted other obstacles, as when he volunteered to teach without pay in an East San Jose high school.


Auto Insurers Should Be Investigated, Says Conn. AG 

Connecticut Attorney General Richard Blumenthal has asked the U.S. attorney general to look into the practice of insurers directing policyholders to preferred repair shops to fix their car after an accident.  


Former NY Regulator Dinallo Rips Contingent Commissions 

Former New York Insurance Superintendent Eric Dinallo speaking at an industry conference yesterday said he believes producers’ acceptance of contingent commissions from insurers is “a clear conflict.”


NAIC Calls Ratings Firms To Defend Their Work 

State insurance commissioners plan to grill the top credit rating agencies as to why the commissioners shouldn’t seek other guidance in evaluating insurers’ securities holdings, a key regulator said.


Newest IASB Accounting Proposal Blasted By Insurers’ Group 

An International Accounting Standards Board proposal on how insurers should value their risks has drawn fire from an organization of major life and property & casualty insurance and reinsurance companies.


9/11 and Insurance: The Eight Year Anniversary

Insurance claims dollars are helping to rebuild Lower Matthattan even eight years after the Sept. 11, 2001, terrorist attacks. The 9/11 attacks produced the second largest loss in the history of insurance, falling just behind the claims losses left by Hurricane Katrina in 2005.


Lawyers, insurance firms cash in on fantasy football

Henry Olszewski was stoked in 2008 when he, along with millions of Americans, drafted New England Patriots quarterback Tom Brady to his fantasy football team.


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