Capitol to Courthouse Florida Insurance Report: Friday, June 10

Jun 10, 2011

 

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

 

2:00 p.m.–National Association of Insurance Commissioners  Surplus Lines Implementation Task Force meeting.  To register for the teleconference, click here.

     

     

    Daily Insurance-Related News

     

    Citizens Property Insurance gets A+ rating

    Fitch Ratings has assigned an A+ rating to Citizens Property Insurance Corp.’s series 2011A-1 and 2011A-3 coastal account secured bonds.

     

    Blog:  State Farm agents–some premiums are dropping

    State Farm agent Robert Palmiotto in Fort Lauderdale said some of his clients’ premiums more than doubled recently.

     

    United Insurance Holdings buys share of auto-insurance company

    United Property & Casualty Insurance Co., a wholly owned subsidiary of St. Petersburg-based United Insurance Holdings Corp., purchased promissory notes issued by Hamilton Risk Management Co., a Florida auto insurance provider.

     

    Argus Fire & Casualty Closes its Doors

    Some 9,000 Florida homeowners will have to seek coverage elsewhere after Argus Fire & Casualty Insurance agreed to cancel its policyholders after being taken over by the state.

     

    Florida high court rules on corporate indemnity cases

    The Florida Supreme Court on Thursday rejected court-ordered reimbursements from a foreign bank to a former executive who had been charged with money laundering.

     

    Florida license suspension for unlawful arrest nixed

    The state cannot suspend a driver’s license for refusing to take a breath test if the motorist was not lawfully arrested, a sharply divided Florida Supreme Court ruled Thursday in a pair of cases from Duval and Polk counties.

     

    Public Medicaid Meetings Begin Friday

    State officials embark on whirlwind tour to get feedback on program changes

    The first of 11 meetings begins Friday in Tallahassee, with Agency for Health Care Administration officials giving a brief overview of the coming changes to Medicaid before taking questions and comments.

     

    Veteran South Florida elections offical tapped to run state elections division

    Gisela Salas worked as assistant supervisor of elections in Miami-Dade County, and also worked for the Broward County Supervisor of Elections office.

     

    Agency for Persons with Disabilities Looks at Cuts, Gets Pushback from Providers, Patients

    Agency needs $90 million spending plan in place by Sept. 1

    The Agency for Persons with Disabilities, one of Florida’s most chronically profligate agencies, began looking at ways to cut costs Thursday.

     

    Judge under fire for courthouse fights back against charges

    Judge Paul Hawkes filed a lengthy rebuttal to formal charges that he abused his power and his office, especially in connection with the controversial courthouse project that has been called a “Taj Mahal.”

     

    Blog:  Associated Industries of Florida gives highest marks to J.D. Alexander and lots of House members

    Associated Industries of Florida on Thursday released a 2011 voting records report, analyzing 18,200 votes on 146 business-related bills.

     

    Insurer sues Twitter imposter who cheers death, mayhem

    Life Insurance firm Coventry First is suing an anonymous critic for sending fake Twitter messages in which the company appears to cheer for the death of policy holders.

     

    Senator:  ‘Every Aspect’ Of National Flood Insurance Program Needs Revision

    Senator Richard Shelby of Alabama says the National Flood Insurance Program needs significant revisions to ensure sustainability.

     

    Data breach plaintiffs increasingly successful

    Cyber liability plaintiffs are experiencing more success in the courts, significantly increasing potential costs for companies that have experienced data breaches, an expert said Thursday.

     

    Ohio Worker fired after injury can sue for wrongful termination

    A machine shop employee fired within an hour of reporting an injury, but before he could file a workers compensation claim, can sue his employer for wrongful termination, Ohio’s Supreme Court ruled Thursday.

     

    Louisiana Commissioner Donelon:  ‘This Will Never Happen Again’-Video

    Insurance Commissioner Jim Donelon’s chin quivered as he lowered his head and paused before continuing to speak about the shooting deaths of two insurance department fraud investigators.

     

     

     

     

     

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