Capitol to Courthouse Florida Insurance Report–Monday, May 5, 2014

May 5, 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 insurance-related events scheduled today.

 

Daily Florida Insurance-Related News

 

Florida Revises Insurer Solvency Review Process

The Florida legislature has approved legislation setting out new insurer solvency requirements while also requiring individuals to disclose information about any affiliated company, Insurance Journal’s Michael Adams reports.

 

Lawmakers approve record budget and adjourn

Florida legislators passed a $77 billion budget, voted to legalize a non-euphoric form of medicinal marijuana, supported in-state tuition for undocumented immigrants and adjourned their election-year session in the customary burst of good feelings this past Friday night, The Florida Current reports.

 

Winner(s) and loser of the week in Florida politics

 

Florida Legislature 2014:  What passed and what failed

The Tampa Bay Times reviews major 2014 legislation.

 

Of Course Will Weatherford Wasn’t Interested In Being Republican Party Chair

Outgoing Florida House Speaker Will Weatherford moved quickly to quell this talk of his being selected as the next Republican Party of Florida Chairman, SaintPetersBlog.com’s Peter Schorsch notes.

 

Blackberry Scores Patent Win in Florida

Canadian smartphone manufacturer BlackBerry, which has found itself on the wrong end of a number of patent cases, scored a win in a Florida court, Jeff Jedras reports for ComputerDealerNews.com.

 

Doc stamp loophole keeps millions in taxes from Florida coffers

A handful of Southwest Florida’s wealthiest residents and business owners have legally skirted millions of dollars in documentary stamp taxes – levied on all deeds that change hands in Florida – through a loophole in the collections system, Josh Salman reports for the Sarasota Herald-Tribune.

 

Working poor mothers with young children a common demographic in Florida, analysis shows

Twenty percent of working mothers in the U.S. with infants or toddlers work in jobs that pay $10.10 or less an hour.  In Florida, that statistic is slightly higher at 21.1 percent, Meredith Rutland reports for the Florida Times-Union.

 

Iowa Supreme Court sides with insurer in uninsured motorist crash

The Iowa Supreme Court has sided with an insurance company after one of its clients took it to court over uninsured motorist coverage in connection with a 2008 accident where he was struck from behind, Jeff Reinitz reports for the Waterloo Cedar Falls Courier.

 

Federal Jury Finds Samsung and Apple Both Guilty of Patent Infringement 

The jury found Samsung guilty of copying key iPhone features while Apple was also found guilty of infringing one of Samsung’s patents in creating the iPhone 4 and 5.  The jury awarded Samsung $158,400 and Apple $119.46, Associated Press reports via the New York Daily News.

 

 

 

 

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