Capitol to Courthouse Headliners: Wednesday, July 22

Jul 22, 2009

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Special session on property insurance issues?

Veto on insurance bill faces challenge

Rep. Lake Ray, R-Jacksonville, has asked House Speaker Larry Cretul to consider calling a special session to deal with property insurance issues following Gov. Charlie Crists veto of a rate deregulation bill.


State Farm Loses Rate Appeal

Property insurance rate hike request is rejected for second the time.

An appeals court has backed a decision by Florida regulators rejecting State Farm’s request to hike Florida property insurance rates by 47.1 percent.


STATE REPRESENTATIVE WILLIAM L. PROCTOR:  Just being lucky isn’t a solid insurance plan

With respect to the veto of House Bill 1171, I concur with Commissioner Kevin McCarty in that the resulting “commentary has included incomplete or incorrect information,” I think we would differ as to the sources of such misleading information.


Insurance Firm accused of steering business to Allen Stanford

A lawsuit filed in Miami federal court accused a major insurance firm of encouraging people to invest money with accused swindler Allen Stanford.


New Florida statewide campaign targets drivers who talk on cell phone, text

Just hang up.  That’s the message of a new Florida public education campaign aimed at stopping people from talking on a cell phone or texting while driving.


Flood insurance meeting benefits Gulfport, residents

A discussion on the National Flood Insurance Program requirements, flooding and flood-related issues will be held from 6:30 to 8:30 p.m. Thursday at the Catherine Hickman Theater


Crist says he opposes Sotomayor

Gov. Charlie Crist, whose embrace of President Barack Obama’s stimulus plan cost him support among some conservative Republicans, echoed their objections to Supreme Court nominee Sonia Sotomayor in a statement Tuesday.


Crist touts adoption numbers, prepares for gay adoption ban legal defense

When Gov. Charlie Crist crosses the state today to proclaim “Explore Adoption Day,” lawyers for his administration will be preparing to go to court to defend a 1977 law that bans gay adoption.


Florida Minimum Wage to Increase on July 24

On July 24, 2009, the new Federal minimum wage of $7.25 per hour will replace Florida’s current rate of $7.21 per hour.


Florida economists expect recovery in spring 2010

A new wave of home foreclosures and unemployment will delay Florida’s economic recovery until the spring as the state’s once-roaring economy continues to seek bottom, according to a new state economic prediction.


Florida’s Unregulated business enforcement up 64%

The number of enforcement actions against unlicensed business activity in the state was 64 percent higher in fiscal year 2008-2009 than in the previous year, according to a report released Tuesday


GOP poll shows Orange County mayor with high negative ratings

National party has soured on the Orange County mayor For months, Orange County Mayor Rich Crotty has considered running against rookie U.S. Rep. Alan Grayson, but he’s gotten little recent encouragement from national Republicans.


Negron, Ramos seek Indian River County votes in state Senate District 28 race

The contest for state Senate District 28 swung into Indian River County Tuesday, the northern end of the five-county seat that one of the candidates recently called a “small part” of the campaign.


Spending on political consultants in Florida skyrockets

Already this year, they’ve crafted Web-based ads mocking Democratic gubernatorial candidate Alex Sink for her banking background and record as a frequent flier on state.


Court overturns rule to treat equity index annuities as securities

SEC’s consideration of the effect of its rule on efficiency, competition and capital formation was ‘arbitrary and capricious’

The Court of Appeals for the District of Columbia Circuit today ordered the Securities and Exchange Commission to reconsider a rule that treats most equity index annuities as securities.


Forbes:  To hedge against the Big One, buy an exchange-traded hurricane contract

Despite a quiet hurricane season so far, the capital-starved insurance industry remains nervous.


A.M. Best Releases Methodology on Natural Catastrophe Stress Test

A.M. Best Co. has released an update to its methodology titled “Natural Catastrophe Stress Test Methodology.”


Assurant Employee Benefits employees change the world $100 at a time

If you had $100 and a small team of people, how would you change the world? 



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