Capitol to Courthouse Florida Insurance Report – Friday, July 08, 2016
Jul 8, 2016
GEICO’s Zero Tolerance for Fraud Leads to Filing RICO Lawsuit in Florida
To prove its point that GEICO has a zero tolerance policy regarding insurance fraud, GEICO last month filed a Lawsuit in Florida aimed at five companies and six individuals suspected of submitting fraudulent glass repair bills.
Computer Snafu Causes 100,000 Florida Children to Lose Health Insurance
More than 100,000 children who were once covered by Medicaid are now without health insurance coverage after a computer glitch prevented the state from sending their names to the Florida Healthy Kids Corporation to assist in finding health care coverage. Christine Sexton reports for Politico Florida.
Hot Issues on Hold as Florida Supreme Court Takes a Break
The Florida Supreme Court moved quietly into an annual summer break Thursday. THE NEWS SERVICE OF FLORIDA’s Jim Saunders reports via SayfieReview.com.
U.S. Army Corps Maintains Reduced Discharges in Lake Okeechobee
The Army Corps of Engineers on Thursday agreed to maintain reduced discharges from Lake Okeechobee while a left-leaning political group targeted a leading State House Republican over the issue. Bruce Ritchie reports for Politico Florida.
Florida Senate President Sees Political Stunt in Push for Special Session on Guns
Florida’s outgoing State Senate President called Democrats’ push for a special session to pass gun control measures “a political stunt.” Jessica Bakeman reports for Politico Florida.
Judge Keeps Tight Lid on Names in Florida Medical Marijuana Dispute
A State Administrative Judge on Thursday said he’s keeping a list of Investors in a Medical Marijuana Company private, arguing that it’s “a nice thing to do.” Daniel Ducassi reports for Politico Florida.
Insurer, Critics Clash Over Push for Texas Arbitration Policy
A hearing room packed with lobbyists, insurance industry executives and lawyers Wednesday demonstrated the weightiness, potential impact on consumers and the politically charged nature of an issue being considered by Texas’ top Insurance Regulator. Tim Eaton reports for the Austin-American Statesman.
Insurance-Based Broker-Dealers Plan to use BICE under Department of Labor Fiduciary Rule
A handful of Insurers, such as MassMutual and Lincoln National, intend to use the Best Interest Contract Exemption in their Brokerage Networks. Greg Iacurci reports for InvestmentNews.com.
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