Capitol to Courthouse Florida Insurance Report: Monday, August 22

Aug 22, 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

There are no insurance-related events scheduled for today.

 

 

Daily Insurance-Related News

 

Column:  Florida Wildlife Federation — Reform, mitigation would help fix windstorm insurance

We watched, we waited, and once again we were spared, this time.

 

Governor Scott, Chief Financial Officer Atwater look to fix or kill no-fault auto insurance

The number of car crashes in Florida is dropping, yet auto insurers in Florida are paying more every year on personal injury claims — all told, $940 million more since 2008.

 

Federal Emergency Management Agency grant allows couple to raise home 13 feet

The threat of a hurricane or a severe storm used to worry J. Gordon Whitley more than most people, and not without reason.

 

Humana fined in Florida for not reporting Medicaid fraud

The Associated Press State officials in Florida say they’ve fined health Insurance giant Humana Inc. $3.4 million for failing to promptly report Medicaid fraud or abuse.

 

Doctors officially join fight against Florida Medicaid overhaul

The Florida Medical Association has asked federal authorities to block the statewide expansion of managed care in the Medicaid program.

 

Region’s insurers question report that Florida health policy costs $178 monthly

Health insurance costs less in Florida than in Georgia, is the most expensive in Massachusetts and is dirt cheap in Alabama.

 

New Florida gun ordinances take effect October 1

Cities in Volusia and Flagler counties are hustling along with the rest of the state’s municipalities to rescind firearm and ammunition-related ordinances before October or face stiff penalties under new state laws.

 

South Florida banks under scrutiny

Hit hard when the real estate bubble popped in 2007, many South Florida-based community banks are still reeling from the aftershocks.

 

Senate President Mike Haridopolos Will Have 2012 Impact

Florida Senate President Mike Haridopolos, in Bartow last week, was emphatic that he will not run in 2012.

 

SunRail project finally starts to leave the station

A torrent of money has been flowing to SunRail since Governor Rick Scott lifted the crossbars that blocked the Central Florida commuter train.

 

Governor Scott to push for Florida immigration law in 2012

Florida Governor Rick Scott said Friday he believes the Legislature will pass a law next year that cracks down on illegal immigrants, despite lawmakers’ failure to reach a consensus on the issue this year.

 

To serve as Florida financial regulation chief, attorney had to give up suit

Tom Grady is a successful securities attorney, prominent Republican money-raiser and former state representative from Naples.

 

Clicking to class:  Virtual lessons now the Florida law

Most high school students already spend part of their lives in cyberspace, listening to music, sharing photos with friends and chatting on social media sites.

 

Deficit to surplus? Understanding Florida’s budgeting process

In less than one year, Governor Rick Scott says he’s taken Florida from the red to the black.

 

Blog:  Policyholder complaints after Alabama tornadoes show discontent with delays, disputes over damage

Larry Kidd was getting a little frustrated.

 

Wall Street Journal:  Hurricane Season — Another Worry for the Economy

Hurricane season is not just underway; it is in full swing.

 

Marsh & McLennan Increases Stock Buy-Back to $1 billion

Marsh & McLennan Companies, Inc. says it has increased its stock buy-back program to $1 billion with the addition of $500 million in repurchase authority.

 

Louisiana Insurance Commissioner Weighs Asking Legislature to Allow Investigators to Carry Guns

Louisiana Insurance Commissioner Jim Donelon is weighing whether to ask state lawmakers to approve legislation that would allow fraud investigators and examiners to carry firearms in the wake of a June 7 shooting that left two investigators dead.

 

Institute of International Finance:  Regulatory Modernization Needs Better Coordination

The Institute of International Finance says regulators need to coordinate development of reforms affecting the banking and insurance industries to avoid unintended consequences.

 

Liabilities From Insolvent New York Workers’ Compensation Trusts Near $1 Billion

Insolvent self-insured workers’ compensation trusts in New York state left behind $924.7 million in liabilities, a far deeper hole than earlier estimates, according to a recent report.

 

 

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