Capitol to Courthouse Headliners: Tuesday, June 8

Jun 8, 2010

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Bupa Insurance downgraded by ratings agency

A major insurance rating agency has downgraded its outlook on Miami-based Bupa Insurance Co., from stable to negative.


North Miami Beach insurance adjuster accused of fraud

A North Miami Beach public insurance adjuster was suspended Friday by Florida’s chief financial officer on allegations that he kept $34,000 worth of homeowners’ claims payments.


Raw drywall data sees light of day

After repeated requests from state and federal health officials over almost seven months, the Consumer Product Safety Commission released data Monday that could determine whether defective Chinese drywall is a health hazard.


EDITORIAL:   Vetoing reality

Gov. Charlie Crist thinks Florida’s property insurance market is doing just swell as is. And why wouldn’t he? He helped make it what it is today, so it’s in his interest to promote that fiction.


University of Florida Professor:  Changes in liability laws could open up schools for community recreation

Politicians can’t outlaw childhood obesity, but they can tweak current laws to encourage public schools to open their recreational facilities after hours without the fear of getting sued.


BP pledges $25 million more to Florida tourism

A senior executive for oil giant BP pledged another $25 million to help the state’s battered tourism industry weather the Deep Horizon oil-spill disaster that has sent vacationers fleeing for other seaside locales and threatens to balloon the state’s $6 billion budget shortfall.


Oil spill’s toll on Florida could be 195,000 jobs and nearly $11 billion

The depth of the Gulf oil spill’s economic devastation in Florida is beginning to take “terrifying” shape in the predicted loss of 195,000 jobs and nearly $11 billion in revenue.


Crist announces small business loans for companies hurt by oil

Gov. Charlie Crist announced Monday that the state will provide one-year, interest-free loans to small businesses affected by the Gulf oil spill.


Cannon takes shot at Saunders over special session

Incoming House Speaker Dean Cannon continues to resist Gov. Charlie Crist’s renewed call for a special session to put a constitutional amendment on the ballot, and this time takes aim at incoming House Democratic Leader, Ron Saunders of Key West, who was traveling with the governor today.


Fort Lauderdale attorney general hopeful abandons party, launches no party candidacy

Now it’s Jim Lewis’ turn.  And it’s now becoming a trend. Political candidates who don’t have a prayer of winning their party’s nominations for major office declare themselves virtuous independents, jump the party ship, and launch no party affiliation candidacies.


Oil vote threatens incumbent in Democratic primary

Two years ago, state Rep. Michelle Rehwinkel Vasilinda sidestepped an all pro pass rusher to win a seat in the Florida House.  But now she’s battling for her political life in an August primary against a former Leon County Democratic Party chairman – in large part because of a pair of 2009 legislative votes she cast in favor of offshore oil drilling.


Potential veto of abortion bill may court Democrats

The two-week countdown began Monday for Gov. Charlie Crist to decide whether to veto a controversial abortion bill, a move that could have lasting political repercussions this election year.


Editorial:  Endorsement by Crist could be game-changer in vote

With Gov. Charlie Crist’s stated support of two constitutional amendments that would ban the politically charged practice of gerrymandering, the prospects of both passing improve.


Blog:  Democratic Senate rivals Meek, Greene agree to June 22 debate

The Democratic Senate campaigns of Kendrick Meek and Jeff Greene have tentatively agreed to debate on June 22 and have sent a joint letter to TV stations in the West Palm Beach market in search of a host.


California Workers’ Comp Premium Down Nearly 10%

California workers’ compensation total direct written premium (DWP) fell nearly 10 percent last year, dropping to a nine-year low of $6.9 billion, according to market share data from the National Association of Insurance Commissioners (NAIC) released by the California Department of Insurance.


News Release:   EMPLOYERS ® Promotes Richard Hallman to Senior Vice President and Chief Information Officer

EMPLOYERS®, America’s small business insurance specialist®, announced that Richard P. Hallman has been promoted to senior vice president and chief information officer.


Marsh sells Kroll to firm led by ex-CEO Cherkasky

Marsh & McLennan Cos. agreed to sell its Kroll security-consulting operation to a buyout firm for $1.13 billion to focus on its main business of matching insurance buyers and sellers.


Risk Management a Low Priority for Small Biz World

Risk management ranks relatively low on the priorities list for small business owners, according to a recent survey by Travelers. And that outlook could mean trouble down the road when problems arise for those firms, the insurer warns.



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