Sine Die 2010 Edition: Capitol to Courthouse Headliners–May 1
May 1, 2010
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Bill mostly helps insurers but also gives regulators power
In the final hours of their session, state lawmakers Friday approved an insurance bill that would curb some consumer protections and make it easier for insurers to raise rates, but also would give regulators more power over companies that show signs of financial weakness.
Florida lawmakers have passed a property insurance reform measure to bolster the state’s ability to pay claims in the event of a major hurricane or series of storms.
Chief Financial Officer Alex Sink won a legislative victory in the final hours of session Friday when the Legislature passed a bill to crack down on people who scam seniors out of their retirements by getting them to invest in annuities or reverse mortgages.
Gov. Charlie Crist will leave it to President Barack Obama’s administration to run the federally subsidized high-risk health insurance plan that is to cover people unable to buy such insurance in the private market due to pre-existing conditions such as cancer or diabetes.
Florida’s top elections official, Secretary of State Kurt Browning, abruptly resigned Friday, expressing “mixed emotions” about leaving on the last day of the legislative session.
The Florida Legislature concluded the 2010 session Friday with a tense, polarizing debate over abortion and fresh signs of Gov. Charlie Crist’s willingness to criticize Republicans he once considered allies
Florida lawmakers on Friday ended a contentious 60-day session that was permeated with politics, from Gov. Charlie Crist’s declaration of an independent Senate candidacy to partisan debates over issues like abortion and teacher tenure.
It looked for a while like the session would end without the ceremonial sine die hankie drop
A new Florida budget of nearly $70.4 billion that went to Gov. Charlie Crist on Friday would increase spending for the first time in four economically challenging years.
Florida’s $70.4 billion budget and implementing and conforming bills for the 2010-11 fiscal year beginning July 1 at a glance:
Legislation that failed to pass or was vetoed during the 2010 session of the Florida Legislature, which ended Friday, would have:
The Republican-led Florida Legislature sharpened its rightward tilt this year and incoming GOP leaders are hoping to keep moving it in that direction after the November election.
Rep. Ellyn Bogdanoff, the Florida House’s self-proclaimed “Angel of Death,” has been a bill-slayer for six years, but she wasn’t about to let legislation important to her die without a fight.
MBIA can proceed with a lawsuit claiming that Countrywide Financial committed fraud in obtaining insurance on billions of dollars of mortgage-backed securities, a judge ruled.
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