Capitol to Courthouse Florida Insurance Report: Friday, February 22
Feb 22, 2013
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
There are no Florida insurance-related events scheduled for today.
Daily Florida Insurance-Related News
Florida Hurricane Catastrophe Fund provisions stripped from Senate insurance bill; fate uncertain
The Senate Banking and Insurance Committee is cobbling together a large property insurance bill with several provisions aimed at reducing the state’s imprint on the private market, but on Thursday provisions shrinking the Florida Hurricane Catastrophe Fund were stripped out of the draft bill.
Senate Democrats call on Governor Scott to push regional insurance compact
Senate Democrats want Governor Rick Scott to rally support in other states for a regional insurance compact that would spread risk among Gulf and Atlantic coast states.
Blog: Senate President wants confirmation hearing for Citizens Property Insurance chief
Senate President Don Gaetz said Thursday that he will ask the Senate Banking and Insurance Committee to schedule confirmation hearings for Citizens’ Property Insurance chief executive Barry Gilway.
Pennsylvania Court: “Single Occurrence” Applies for Drywall Claims Arising from One Shipment
The U.S. District Court in Pennsylvania ruled last week that multiple claims that arose from allegedly defective drywall that the insured entity imported in one single shipment from China should be considered a “single occurrence” for the insurance coverage.
Tom Feeney: Citizens Property Insurance must be reformed before the next storm
As the 2013 Florida Legislature session approaches, House and Senate committees continue to discuss what can be done to address the cost of homeowners insurance in Florida.
Florida Senate Leader to Insurers: Where Are Savings from PIP Reforms?
Key Florida lawmakers are running out of patience with the state’s fraud-plagued no-fault motor vehicle insurance system that has cost policyholders hundred millions of dollars.
Republicans stunned, Democrats happy with Governor Scott’s Medicaid decision
Democrats were derisive and Republicans were repulsed — even revenge-minded — Thursday by Governor Rick Scott’s decision to support a three-year extension of Medicaid access for nearly a million poor Floridians.
- House Democrats: We can work with Governor Scott
- Hospitals, uninsured patients applaud Medicaid expansion
- Will Weatherford: Rick Scott’s Medicaid Embrace Isn’t an Obama Hug
Blog: Optometry Bill Moves In Senate
A Senate committee Thursday approved a proposal that would expand the drug-prescribing powers of optometrists, rebuffing arguments of ophthalmologists in the long-running industry fight.
THE NEWS SERVICE OF FLORIDA: Bipartisan Agreement on Local Pensions Approved
A bipartisan compromise on a measure changing how cities can spend the insurance premium tax money that funds police and firefighter pensions cleared its first committee Thursday, but the measure still faces resistance from cities and unions.
Contract Tracking Tops Chief Financial Officer Jeff Atwater’s 2013 Legislative Agenda
Granting the Division of Public Assistance Fraud with subpoena authority, prohibiting insurance companies from increasing costs on orally administered anti-cancer medication, and expanding the state’s contract tracking system are among the legislative priorities of Florida Chief Financial Officer Jeff Atwater.
Tampa Bay senators say they will propose law dealing with nuclear plant charges
Four Tampa Bay area senators announced Thursday they are working on legislation dealing with nuclear cost recovery by utilities but not a repeal of the 2006 law.
Charlie Crist will make his first major speech as a registered Democrat before a Sarasota-Manatee audience in Lakewood Ranch in March, reports Jeremy Wallace of the Sarasota Herald Tribune.
Louisiana Property Owners Urged to Claim Citizens Property Insurance Assessment Rebate
Nearly two-thirds of Louisiana Citizens Property Insurance Corp. rebates that are available to policyholders are unclaimed, according to state Insurance Commissioner Jim Donelon.
National Insurance Crime Bureau Update-Sandy Damaged Vehicles Surpass 250,000 Mark
The National Insurance Crime Bureau today announced revised estimates for the number of vehicles damaged as a result of Sandy.
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