Capitol to Courthouse Headliners: Thursday, June 11
Jun 11, 2009
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Florida has a bigger problem than State Farm withdrawing from the property insurance market.
The latest group to weigh in on legislation deregulating large property insurers’ premium rates: the 26-member Florida Legislative Black Caucus.
Another day, another group weighing in on the bill that would deregulate large property insurance companies’ rates — and perhaps entice State Farm to keep writing policies for Florida homeowners.
The last time that Congress had a chance to pass a consumer-friendly law strengthening insurance for natural disasters, lawmakers blew it.
While state legislators got about one in 10 proposed bills approved in the recent session, business leaders praised them for the work they were able to accomplish.
Miami-Dade County’s Office of Emergency Management has this simple advice for how to deal with the digital television switch during hurricane season: Get a radio.
A bill requiring insurance companies to send payments directly to out-of-network doctors instead of to patients was signed into law Wednesday by Gov. Charlie Crist, capping off a heated battle between doctors and consumer groups and between two of the state’s major insurance companies.
Following in the footsteps of Miami-Dade County and other cities across the nation, Miami commissioners Thursday unanimously passed a domestic partnership ordinance giving employees with same-sex or opposite-sex partners the same rights and benefits as married couples.
Federal dollars are flowing into the state and helping Floridians cope with the worst economic times in recent memory, Gov. Charlie Crist heard on Wednesday as agency heads updated him on stimulus efforts.
You’d think, given some of the not-so-glowing chronicles lately about the SBA’s management practices, that the SBA would not want to draw attention to itself by, say, asking for a nearly 11 percent budget increase.
At least 130 times in recent years, the Florida State Board of Administration has signed auxiliary agreements with private firms that were investing billions of dollars for the state and for local governments
Gov. Charlie Crist signed a bill Wednesday that will block local governments from using public money to help pay for political campaigns — a measure stemming in part from a fight about Volusia County charter amendments in 2006.
Florida lawmakers this spring voted to kill Central Florida’s planned commuter-rail system, but state contractors still made almost $44 million on the proposal.
State Sen. Jim King remains in the intensive-care unit but is recovering “very well” after undergoing surgery last week to remove a cancerous tumor from his pancreas, Senate President Jeff Atwater wrote in a memo Wednesday.
Congressman Paul E. Kanjorski (D-PA), Chairman of the House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises, today announced that the Subcommittee will hold a hearing to further explore how to improve oversight of the insurance industry in order to protect insurance consumers from risks in the system and prevent insurance companies from posing a systemic risk and threatening the American financial system.
A House Republican financial regulation plan, due to be unveiled tomorrow, would require congressional authorization for aid to troubled non-banks such as American International Group but would not disturb state insurance regulation.
A Texas-based insurer should not have to pay for hurricane damages to a Mississippi home caused by a combination of wind and water, company attorneys told the Mississippi Supreme Court this week.
Citing concerns over the potential for property losses due to storms, Nationwide Insurance is exiting the mobile home insurance policy market in North Carolina, phasing out existing mobile home policies from Oct. 3, 2009 through Oct. 2, 2010 and halting the writing of any new mobile home policies.
A majority of large insurers in a survey said they are planning to expand internationally within the next 12 months despite the ongoing economic turmoil.
The U.S. property/casualty insurance market experienced a sharp decline in performance in 2008 and faces significant challenges in 2009.
A lack of electronic integration between firms performing workers’ compensation bill review and medical management operations may be costing businesses millions, a consultant said.
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