Capitol to Courthouse Florida Insurance Report: Friday, June 21
Jun 21, 2013
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Daily Florida Insurance-Related Events
There are no Florida insurance-related events scheduled for today.
Daily Florida Insurance-Related News
Former Citizens Property Insurance CFO Sharon Binnun To Join Cypress Insurance
Sharon Binnun, who will be stepping down as CFO of Florida’s Citizens Property Insurance in early July, is joining Cypress Insurance Group, a Florida property and casualty insurer, as Executive Vice President of Finance.
Barry Gilway Says Citizens Property Insurance Unprepared For The Next Big Storm
As part of WLRN’s ongoing series, The Sunshine Economy, Citizens Property Insurance CEO Barry Gilway talks to WLRN Special Correspondent Tom Hudson in a radio interview.
Sea level rise in South Florida expect to produce floods, sea wall woes
President Obama’s top environmental adviser came to Fort Lauderdale Thursday to express the administration’s commitment to fighting global warming and protecting the nation from rising sea levels, the Sun-Sentinel’s David Fleshler reports.
South Florida woman wins $1.29 million in uninsured motorist lawsuit against Allstate
A Broward jury this week ordered an insurance company to pay $1.29 million to one of its customers, a Hollywood woman who was critically injured in a 2008 car accident, Rafael Olmeda reports for the Sun-Sentinel.
Florida health insurance policyholders due $54.3 million in rebates
The Ft. Myers News Press reports that Florida families will get $54.3 million in health insurance rebates this summer, an average $132 per family, under a provision of the Affordable Care Act limiting how much insurers may spend on overhead, the U.S. Department of Health and Human Services announced.
Blog: Speculation on George LeMieux as Rick Scott’s newest Lieutenant Governor candidate
It doesn’t take much to stoke the most popular parlor game in Tallahassee these days, trying to figure out who Gov. Rick Scott will pick as his lieutenant governor and campaign running mate in 2014, blogs Steve Bousquet for the Tampa Bay Times.
Continuance granted in legislative redistricting case
Leon County Circuit Judge Terry Lewis Thursday granted a continuance until at least December in a lawsuit brought by the League of Women Voters of Florida concerning legislative districts drawn by the Legislature, The Florida Current’s James Call reports.
By a wide margin, Florida leads nation in vacated foreclosures
Florida has 55,503 housing units in foreclosure that have been left vacant — one-third of all such properties in the country and more than the next five-highest states combined, according to a RealtyTrac report released Thursday, Gray Rohrer reports for The Florida Current.
Blog: Democrats Use Florida Corruption Statistics As Campaign Tool
The Florida Democratic Party is jazzed up about the chance to knock Gov. Rick Scott out of office, producing a Web video that touts the significance of “one” in the 2014 gubernatorial race, blogs Katie Sanders on The Miami Herald’s “Naked Politics” Blog.
Florida CFO lauds state housing progress
Southwest Florida, which was ground zero after the housing bubble burst, is recovering nicely, as is the rest of the state, said Florida CFO Jeff Atwater in Lee County yesterday, The Pine Island Eagle reports.
Senator Thrasher says 2013 Florida Legislative Session a success
The Florida Legislature ended its 2013 session on a high note, passing a $74.1 billion budget, which included $20.3 billion for K-12 education and $8.7 billion for transportation, state Sen. John Thrasher, R-St. Augustine, told Peter Giunta of the St. Augustine Record on Thursday.
Texas Wind Pool Wants $500 Million State Loan
On Tuesday, the board of the Texas Windstorm Insurance Association agreed to explore additional funding options, after the Legislature was unable to pass any reforms during the recent regular session which ended in May, Julie Drenner writes for Right Street Blog on Insurance Journal.
International Accounting Standards Board presents new draft of accounting rules for insurers
The International Accounting Standards Board is proposing a regulatory regime aimed at making accounting practices among countries more consistent for the insurance industry, Reuters reports.
North Carolina allows all captive-insurer types under new law
A bill that allows the formation of all types of captive insurers in North Carolina has gained the signature of Gov. Pat McCrory, reports Rodd Zolkos of Business Insurance.
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