Capitol to Courthouse Florida Insurance Report–Friday, February 13, 2015
Feb 13, 2015
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Daily Florida Insurance-Related Events
There are no events scheduled for today.
Daily Florida Insurance-Related News
Scott releases records on possible replacement insurance chief
Documents released this week by Governor Rick Scott’s office in response to a records request from The Palm Beach Post include the resume of a Louisiana regulator the Scott administration approached as a possible replacement for Florida’s insurance commissioner. Charles Elmore reports in the “Post on Politics” blog.
Florida’s Federated National Holding Company To Announce 2014 Year-End Results
Federated National Holding Company, a Florida-based provider of insurance, today announced that it will release its 2014 yearend financial results at 4:00 p.m. on Thursday, February 26, 2015. The investor conference call will be held on Friday, February 27, 2015, at 9:00 a.m.
Hollywood keeping red-light cameras until court orders them removed
Less than two weeks ago, the 4th District Court of Appeal in West Palm Beach declined to rehear an October ruling that found the City of Hollywood could not delegate ticket-writing duties to third-party vendor American Traffic Solutions. The ruling applies not only to Hollywood, but statewide. The Sun-Sentinel’s Susannah Bryan reports.
Miami-Dade Police Take To The Streets To Battle Insurance Fraud
Authorities in Hialeah, Hialeah Gardens, and Medley took to the streets on Thursday in search of drivers using fake insurance cards. Maggie Newland reports for CBS-4 Miami.
Racy Estrella Insurance ad in South Florida causing drivers to do a double take
An ad for insurance currently seen on the sides of South Florida busses shows a woman with her shorts wrapped around her ankles and reads, “No one drops them like we do. Lowest prices guaranteed.” WPTV’s Katie Johnson reports.
More Lake Okeechobee water headed to threatened waterways
The latest water release from Lake Okeechobee prompted environmentalists to call for stepped-up, land-buying efforts to blunt the flow of pollutants into already troubled water bodies. The Palm Beach Post’s John Kennedy reports for the “Post on Politics” blog.
Proposed Florida Budget Balanced With Money That Might Not Exist
Governor Rick Scott’s proposed budget for the new fiscal year includes $1.3 billion for Florida hospitals providing care to uninsured people. However, that pool of money might stop existing this summer, explains Ashley Lopez of the Florida Center for Investigative Reporting.
Fight over stadium cash sparks three-way budget battle
A fight is brewing as a budget panel prepares to vote on a pot of money for improvements to professional sports stadiums, Matt Dixon reports for Scripps “Political Fix Florida” blog.
House speaker raises question of letting others in on Seminole gaming
House Speaker Steve Crisafulli said his chamber isn’t counting on more than $200 million in gambling money from the state’s Seminole Tribe as lawmakers begin piecing together a budget for next year. The Tampa Tribune’s James Rosica reports.
Eleanor Sobel introduces bill to close write-in loophole
Hollywood Senator Eleanor Sobel has introduced what she says is a legislative fix to a perennial bugaboo in state elections – complications extending from minor write-in candidates who rarely gain a significant share of the vote, but who often cause procedural headaches for candidates and sometimes cost the taxpayers precious public money to finance low-stakes special elections. Ryan Ray reports for SaintPetersBlog.com.
Florida Senate Will Look Far Different After 2016 Elections
The Florida Senate saw almost no changes in 2014 but 2016 will be a far different story as recent events show, Jeff Henderson explains in SunshineStateNews.com.
A.M. Best Sees Minimal Rating Impact from Tax Changes on Reinsurance
A.M. Best has weighed into the ongoing debate over whether or not the ability of “foreign” reinsurers to avoid significant amounts of U.S. taxes by transferring reinsurance premiums paid to foreign affiliates by domestic insurers, Insurance Journal reports.
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