Capitol to Courthouse Florida Insurance Report–Monday, July 14, 2014
Jul 14, 2014
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 events scheduled for today.
Daily Florida Insurance-Related News
Storm surge could do serious damage in Southwest Florida
Southwest Florida has more residential real estate at risk from storm surge damage than almost any other metropolitan area in the country, the Sarasota Herald-Tribune reports.
Endless battle against beach erosion a matter of money
Coastal scientists and fiscally conservative politicians point to the apparent futility of the billions spent across the nation in the past 50 years to stop sand from doing what it’s naturally inclined to do, Tampa Tribune’s Josh Boatwright explains.
Redistricting Round 2 Could Impact Corrine Brown, Dan Webster Big in 2016
Circuit Judge Terry Lewis threw a major wrench into Florida politics this week when he ruled the state’s congressional districts were unconstitutional. While this might not be much of a problem this time out, two longtime Florida politicos have reasons to worry down the road if this ruling stands, Jeff Henderson reports for SunshineStateNews.com.
Rick Scott campaign’s LeBron James-size gaffe
If LeBron James-size gaffes decided elections, Gov. Rick Scott’s campaign is on its way to fouling out, Miami Herald columnist Marc Caputo writes.
Crist under pressure to name running mate
The governor’s race is barreling forward, but one key aspect of Democrat Charlie Crist’s campaign remains a mystery, the Miami Herald’s Kathleen McGrory reports.
Scott, Crist duke it out over education records
Florida’s two leading candidates for governor are administering a high-stakes test of their own to voters this summer: Call it a pop quiz on who cut more classroom dollars. Aaron Deslatte reports for the Orlando Sentinel.
Son of Senator Latvala, Army vet, run for GOP nomination in Florida House 67
It doesn’t take much to find the contrasts between Chris Latvala and Christopher Shepard, the GOP candidates for state House District 67. The seat is open because Ed Hooper, R-Clearwater, can’t run again because of term limits, Tampa Bay Times’ Curtis Krueger reports.
Florida lags other states in distributing Hardest Hit money to homeowners
Halfway to the deadline for spending federal Hardest Hit foreclosure-relief funds, Florida has distributed less than a third of its $1 billion share and lags most other states in getting the money into homeowners’ hands, Mary Shanklin reports for the Orlando Sentinel.
IAIS Publishes Basic Capital Requirements for Global Systemically Important Insurers For Comment
The IAIS is soliciting feedback on the development of global Basic Capital Requirements for Global Systemically Important Insurers (G-SIIs). These requirements are expected to apply to G-SIIs from 2015 or shortly thereafter.
Large companies wary of U.S. Senate cyber bill, but there is wide support in Washington
Federal and state efforts to deter cyber threats are being discouraged by large companies because in most cases they will raise compliance costs, according to a top insurance industry official. National Underwriter’s Arthur Postal reports for PropertyCasualty360.com.
North Carolina Looks to Grow Captive Insurance with Amended Law
North Carolina Insurance Commissioner Wayne Goodwin said North Carolina is now an even more attractive home for captive insurance companies with the enactment of a law allowing new captive types and providing regulatory flexibility, Insurance Journal reports.
Delays in Thousands of Oklahoma Workers’ Comp Cases From Court Move
Hearings for thousands of injured workers will be delayed this month while the state’s workers compensation system is split into two agencies – each with its own staff, offices and equipment, Associated Press reports via Insurance Journal.
Click here to follow Colodny Fass& Webb on Twitter (@CFTLAWcom)
To unsubscribe from this newsletter, please send an e-mail to Brooke Ellis at bellis@cftlaw.com.