Capitol to Courthouse Florida Insurance Report: Friday, April 6
Apr 6, 2012
To go directly to the section of your choice, click on a hyperlink below. Other hyperlinks to meeting information, bills and news are noted in bold type.
Daily Florida Insurance-Related Events
9:00 a.m.– Citizens Property Insurance Corporation Audit Committee meeting. Teleconference: (866) 361-7525; participant code: 3877541849#. To view the meeting notice, click here.
Senator Alexander, Representative Hager bemoan Catastrophe Fund bill failure
Lawmakers who backed legislation to shrink the size and coverage of the Florida Hurricane Catastrophe Fund, or Cat Fund, lamented the bills’ failure Thursday, and vowed to fight for similar changes next year.
WellCare out from under cloud, could double earnings quickly, analysts say
WellCare Health Plans has spent the past five years in the doghouse, trying to live down evidence of massive Medicaid fraud against Florida and eight other states.
Attorney General Pam Bondi sends Senate maps to Florida Supreme Court
The Legislature’s revised Senate redistricting plan went to the Florida Supreme Court on Thursday as three nonpartisan groups also released an alternative map because they say the lawmakers’ do-over still violates new anti-gerrymandering standards.
Governor Rick Scott asks agency heads to stay on the job
A number of agency heads who were snubbed by the Senate during the 2012 session have been reappointed.
Dozens arrested in unlicensed contractor sting
Dressed in casual attire and looking like new homebuyers, Daniel Belyeu and Debra Wallace showed the two men around their opulent, unoccupied home and asked whether they could help spruce it up.
Red light cameras are a go in 25 places around Jacksonville
After years of legislative and judicial dawdling over them, red light cameras are poised to come to Jacksonville this year.
Florida justices differ on what’s an illegal sentence
The Florida Supreme Court has rejected the state’s appeal of an 18-month sentence in a Broward County drug cases.
Tampa creates the first domestic partnership registry in the Tampa Bay area
In a historic decision, this city Thursday became the first in the Tampa Bay area to create a registry where unmarried couples can register as domestic partners.
Solar company pushes Gadsden County for tax breaks on project — or else
Local and state leaders joined National Solar Power officials in September to announce Gadsden County as the site for the largest solar energy project in the Southeast.
Based on a new Government Accountability Office study, the insurance industry and plaintiff’s lawyers are renewing their call for passage of legislation that they argue would make the Medicare Secondary Payment program work better.
Guy Carpenter: April 1 Reinsurance Rates Rise, Driven by 2011 Loss Events
Reinsurance rates at the April 1 renewals continued to rise due to 2011 loss events, according to a Guy Carpenter briefing released today.
New York Regulators Deepen Force-Placed Insurance Investigation
New York state regulators are calling on insurers to justify the rates they change for force-placed insurance coverage and say there is evidence of conflict of interest between bankers and insurers.
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