Capitol to Courthouse Headliners: Wednesday, November 4
Nov 4, 2009
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Toxic drywall might have insurance repercussions says Fla. Insurance Commissioner
Floridians dealing with the mess of Chinese drywall could be facing a double-whammy, the state’s insurance commissioner said Tuesday.
Letter to the Editor: Decide for yourself if you need sinkhole coverage on home’s insurance policy
Sinkhole coverage is not for everyone.
CFO Sink applauds Division of Insurance Fraud work on “mortgage fraud surge”
Florida CFO Alex Sink today commended the contributions of her Division of Insurance Fraud in the “Mortgage Fraud Surge,” a nine-month joint effort with the U.S. Attorney Brian Albritton, the FBI and numerous other federal, state and local law enforcement agencies to secure as many mortgage-fraud related indictments and arrests as possible.
Insurance Consumer Advocate: Ban balance-billing
Florida’s Insurance Consumer Advocate said he is trying to find a lawmaker to help him ban a practice that sticks patients with big bills their health plans won’t cover.
Insurer rethinking rules after chat with Florida State Senator
Blue Cross and Blue Shield of Florida appears to be relenting on coverage of patients enrolled in clinical trials following a meeting with a powerful state senator.
Tampa’s WellCare’s back, reports deception
Federal sanctions imposed on WellCare Health Plans in March were lifted Tuesday, just in time for the company to sell its Medicare drug and health plans for 2010.
Miami-Dade moves forward with plan for slots at airport
Despite long odds for approval, Miami-Dade commissioners agreed to apply for a permit to allow slot machines at MIA.
After two hours attempting to reassure local parimutuel owners that the idea is a harmless long-shot, Miami-Dade commissioners voted Tuesday to apply for a permit to put slot machines at Miami International Airport.
Florida Shipbuilder Is Busy with Plenty of Work
Jean Pierre Lab, an oil supply vessel, and the Paula Ruble, an inland river transporter, sit stern to stern at Panama City’s Nelson Street Shipyard as Eastern Shipbuilding Group workers add finishing touches to the vessels.
FPL, Progress Energy, TECO get rate cuts
The Florida Public Service Commission on Tuesday cut rates effective in January for three large power companies because of declining fuel prices and other reasons.
Florida class-action suit accuses KB Home of inflating prices
A Florida class-action lawsuit filed Friday accuses KB Home, among the bestselling builders in the Tampa Bay area, of inflating home prices by hundreds of millions of dollars.
McCollum: make licensing Fla. for felons tougher
Attorney General Bill McCollum urged Florida lawmakers Tuesday to make it tougher for former felons to get occupational licenses for jobs involving children, seniors and disabled people.
Florida class-action suit accuses KB Home of inflating prices
A Florida class-action lawsuit filed Friday accuses KB Home, among the bestselling builders in the Tampa Bay area, of inflating home prices by hundreds of millions of dollars.
FPL, Progress Energy, TECO get rate cuts
The Florida Public Service Commission on Tuesday cut rates effective in January for three large power companies because of declining fuel prices and other reasons.
Florida politicians rush to unload tainted Broward lawyer’s contributions – $400,000 so far
Fort Lauderdale attorney and money-raising bigfoot Scott Rothstein has achieved Enron status in Florida political circles this week.
N.J. Election May Mean New Insurance Commissioner
Tuesday night’s election results will have little impact on the property and casualty insurance community, but could result in a new insurance regulator in New Jersey, according to the assessment of one trade group.
If A Meteoroid Hits Manhattan 3.2 M Die, $1 Trillion Damage Foreseen by RMS
If the 1908 asteroid explosion that hit Siberia were to occur above Manhattan today it would cause a over a trillion dollars in property loss and 3.2 million deaths, the catastrophe modeling firm Risk Management Solutions.
Europe’s Disastrous Climate Policy – a Lesson for Congress
The Competitive Enterprise Institute today cheered the publication of a new report that could help save the United States from an expensive, damaging new system of global warming regulation.
Maryland-based executive to lead national property-casualty association
Janice M. Abraham, president and chief executive officer of Chevy Chase, Md.-based United Educators Insurance, was elected as the new chairwoman of the Property Casualty Insurers Association of America.
Credit scoring benefits insurers and consumers, expert says
The controversial practice of using credit scoring to determine pricing of insurance actually saves insurers money, thus lowering the cost of premiums for the consumer, a professor of insurance suggests.
U.S. Senate Committee to Investigate Health Insurer Pricing
The Senate Democratic chairman said Tuesday the panel is investigating how health insurers price the coverage they sell to small businesses, which have struggled for years with soaring premiums.
The National Association of Insurance Commissioners is seeking an editor for its Journal of Insurance Regulation, which provides high-quality research and offers a variety of perspectives on insurance regulatory and public policy issues.
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