Capitol to Courthouse Florida Insurance Report: Friday, October 9, 2015
Oct 9, 2015
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Daily Florida Insurance-Related Events
There are no insurance-related events scheduled for today.
Daily Florida Insurance-Related News
Spring Hill couple accused of lying about sinkhole found guilty
A federal jury found a Spring Hill couple guilty of wire fraud, after selling their house to a family with five children and failing to disclose the gigantic sinkhole underneath. The guilty verdict was read Thursday, WFLA-TV’s Shannon Behnken reports.
Fewer policyholders agreeing to leave Citizens Insurance
Another 142,500 policies have been OK’d for removal from the state-run Citizens Property Insurance, bringing the total approved for takeout to 1.3 million in 2015. Ron Hurtibise reports for the Sun-Sentinel.
Negron says insurers thriving, doctors suffering under Affordable Care Act
Florida Senator Joe Negron said Thursday the Affordable Care Act has made insurance companies rich and has left health care providers wanting, Christine Sexton reports for PoliticoFlorida.com.
Transportation panel inches closer to Florida driver’s license suspensions fix
Florida’s Senate Transportation Committee heard testimony from staff of two state agencies and a circuit court judge on Thursday morning as it continued to seek answers when it comes to a Florida licensure regime previous witnesses have called “cruel.” SaintPetersBlog.com’s Ryan Ray reports.
Florida’s top economist diverges from Governor Rick Scott in job growth strategy
While Governor Rick Scott was in New York on Thursday trying to persuade companies to bring jobs to Florida, the state’s top economist and a House economic development leader were in Tallahassee questioning the Governor’s strategy. The Tampa Bay Times’ Michael Auslen reports via “The Buzz” blog.
State Representative Ritch Workman sponsors anti-corruption bill
A bill sponsored by State Representative Ritch Workman would add government contractors to the definition of “public servants” subject to Florida’s public-corruption laws. Mark Reed reports for the Tallahassee Democrat.
Florida Supreme Court Requests Rule Change for Lawyer Referrals
The Florida Supreme Court is asking the Florida Bar to prepare a rule that would ban lawyers from using for-profit client referral services that aren’t owned by lawyers. The Associated Press reports via Insurance Journal.
UberPitch offers Tampa Bay entrepreneurs on-demand venture capitalists
Uber is giving potential Tampa Bay startups a shot at 15 minutes of fame, by providing on-demand face time with a venture capitalist. SaintPetersBlog.com’s Phil Ammann reports.
Tampa Bay still haunted by zombie homes
Just in time for Halloween, RealtyTrac reports that the bay area ranks fourth among major metro areas in the number of “zombie houses” – vacant homes in some stage of foreclosure. Susan Taylor Martin reports for the Tampa Bay Times.
Panel OKs erasing Confederate flag from Florida Senate seal
The Florida Senate’s Rules Committee on Thursday unanimously recommended removing a Confederate flag from the chamber’s official seal and replacing it with the state flag. James Rosica reports for SaintPetersBlog.com.
NAIC’s Ben Nelson to Step Down
Senator Ben Nelson announced has announced that he will not renew his contract as CEO of the National Association of Insurance Commissioners, Colodny Fass reports.
Terrorism Reinsurance Pools To Meet in London
Pool Re will host the inaugural Congress for National Terrorism Reinsurance Pools on Wednesday, October 28, National Underwriter’s PropertyCasualty360.com. reports.
Feds to adopt controversial definition of auto insurance “affordability”
The Federal Insurance Office is proposing an official definition for auto insurance affordability, in accordance with its charge to ensure that traditionally underserved communities have feasible access to the virtually mandatory product. Jennifer Paterson reports for Insurance Business America.
Tennessee Dissolves Residual Workers’ Comp Reinsurance Plan
The Tennessee Workers Compensation Insurance Plan reinsurance mechanism has been dissolved as part of the state’s transition to the National Council on Compensation Insurance as the new residual workers compensation administrator, Insurance Journal reports.
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