Capitol to Courthouse Florida Insurance Report–Monday, June 23, 2014
Jun 23, 2014
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Daily Florida Insurance-Related Events
There are no events scheduled for today.
Daily Florida Insurance-Related News
Property insurer’s failure renews talk about Florida market’s health
The Sunshine State Insurance Company liquidation is forcing its roughly 36,000 customers – 3,500 of them are in Sarasota and Manatee counties – to shift carriers just as the hurricane season ramps up, Zac Anderson reports for the Sarasota Herald-Tribune.
New Florida law says insurers can’t charge gun owners higher rates
Governor Rick Scott signed a bill Friday saying insurers cannot deny coverage or charge more because of gun or ammunition ownership in Florida, Charles Elmore reports for the Palm Beach Post.
Jacksonville State Representative Fullwood fails to qualify, blames clerical error
After State Representative Reggie Fulwood failed to qualify for re-election because of a clerical error, no one remains to run for the office. He would have been unopposed, Tampa Bay Times’ Tia Mitchell reports via the “Naked Politics” blog.
Florida Extends “Stand Your Ground” To Cover Warning Shots
Florida Governor Rick Scott signed into law Friday an extension of the state’s controversial “Stand Your Ground” law, which would cover warning shots, Andres Jauregui writes for the Huffington Post.
New Miami-Dade task force to target state public corruption
The Miami-Dade State Attorney’s Office has a new public corruption task force, one intended to cast a wider net on crimes against taxpayers across the county, the Miami Herald’s David Ovalle reports.
Florida leads nation in inmates released without supervision
More Florida inmates serve their whole sentence behind bars in Florida than any other state, Pew says. Orlando Sentinel’s Jeff Weiner reports.
One-third of Florida Legislature faces no opposition at polls
When combined with unopposed incumbents, 43 percent of the Legislature was decided at noon Friday, more than four months before Election Day, the Miami Herald’s Michael Van Sickler reports.
Republican Party of Florida files third complaint v. Charlie Crist over Morgan & Morgan
The Republican Party of Florida filed its third complaint against Democrat Charlie Crist related to his ties the law firm of Morgan & Morgan, the Miami Herald’s Marc Caputo reports via the “Naked Politics” blog.
Texas-talking Ted Cruz welcomed like a Miami son by Miami-Dade GOP
Ted Cruz had a Miami homecoming Friday, even though the firebrand U.S. Senator is from Texas, the Miami Herald’s Marc Caputo reports via the “Naked Politics” blog.
Florida’s new school choice law likely to spark others
Parents of certain special-needs students in Florida will be able to customize their children’s education, thanks to a law signed by Gov. Rick Scott on Friday, Mary C. Tillotson reports for Watchdog.org.
New York detective, Miami businessman clash over famous “Fanjul” name
What’s in a name? Apparently enough to get your teeth knocked out, Miami businessman Luis Garcia Fanjul was learning as the shouting from the earpiece of his telephone continued. The Miami Herald’s Glenn Garvin reports.
Executive pay: How South Florida CEOs stack up
While most public companies based in South Florida paid their chief executive officers more in 2013 than in 2012, few have raised pay for the CEO position, the Miami Herald reports.
Industry Groups Happy with TRIA Progress, if Not the Current House Version
The U.S. House has crafted a “backwards approach” to legislation providing a federal backstop to terrorism risk insurance, Senator Charles Schumer, D-N.Y. said. National Underwriter’s Arthur Postal reports for PropertyCasualty360.com.
Massachusetts FAIR Plan Mulls Appeal of Commissioner’s Rate Decision
The Massachusetts Property Insurance Underwriting Association said its board of directors will meet next week to decide whether to file an appeal to challenge Insurance Commissioner Joseph G. Murphy’s decision to reject a rate increase request, Insurance Journal reports.
Texas Jury Sends Message to Insurance Industry in Toxic Mold Case
Travis County District Court jury to the insurance industry: take care of toxic mold claims adequately and promptly or risk being assessed millions of dollars, Insurance Journal’s Stephanie K. Jones reports.
Lloyd’s: Mega Space Storm Could Cause 2-Year Blackout
The reinsurance industry is increasingly sounding alarms, calling space weather a potential hazard in today’s wired world, National Underwriter’s PropertyCasualty360.com.
Climate Change Bottom-Line Talk Grows
Companies are changing their behaviors in light of climate change, Insurance Journal reports.​
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