Capitol to Courthouse Florida Insurance Report – Monday, May 23, 2016

May 22, 2016

 

Florida Hurricane Catastrophe Fund Publishes Participating Insurers Workshop Materials

The Florida Hurricane Catastrophe Fund published presentations and materials today from its recent Participating Insurers’ Workshop

  

Florida Construction Company Owner Nabbed in Workers’ Comp Fraud Scheme

The owner of a construction company in Naples, Florida was arrested this month for an alleged workers’ comp scheme, according to an announcement from Florida Chief Financial Officer Jeff Atwater.  Insurance Journal reports.

 

Uber says South Florida Adoption Has Been Phenomenal

Uber’s presence has touched off a debate over how South Florida greets companies that disrupt a well-established industry, and over transportation.  Tom Hudson reports for WLRN/The Miami Herald.

  

State of the Seminole Compact in Florida

Gambling is the launch pad that gave the Seminole Tribe of Florida the financial capital to diversify Hard Rock. In Florida, that component is challenged.  The Miami Herald’s Chebali Herrera reports.

 

Medical Marijuana Fight Returns to Airwaves, Computers

The medical marijuana amendment is back, and the fight over the issue is poised to return to the airwaves and screens of all sizes throughout Florida.  Gray Rohrer reports for the Orlando Sentinel.

  

Federal Reserve to Propose Lighter Capital Rules for Large Insurers Than Banks

U.S. insurers deemed big enough to threaten the financial system will probably face capital standards that are simpler and less costly than those imposed on Wall Street banks, Federal Reserve Governor Daniel Tarullo said Friday.  Bloomberg’s Jesse Hamilton reports via Insurance Journal.

 

 

 

 

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