Capitol to Courthouse Florida Insurance Report: Thursday, April 30, 2015
Apr 30, 2015
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
10:00 a.m.–U.S. Senate Committee on Banking, Housing & Urban Affairs Hearing: Examining Insurance Capital Rules and Financial Stability Oversight Council Process. For more information, click here.
10:30 a.m.–Florida Citizens Property Insurance Corporation Board of Governors meeting. Discussion of Citizens’ Risk Transfer Program. Teleconference: 888-942-8686; conference ID: 5743735657#. To view the meeting notice, click here.
2:30 p.m.–Florida Workers’ Compensation Insurance Guaranty Association Audit Committee meeting. To view the meeting notice, click here.
Daily Florida Insurance-Related News
Senate President, House Speaker exchange letters as budget dispute deepens
The gulf between the Florida House and Senate became wider Wednesday after Senate President Andy Gardiner sent House Speaker Steve Crisafulli a letter stating the House adjournment on day 57 of the 60-day legislative session was unconstitutional. SaintPetersBlog.com’s James Call reports.
- Florida Senate says shutdown illegal
- Senate demands House members to return to Capitol
- House Rules Chief Points to “Radio Silence” in Session Meltdown
- House rejects Senate call to come back
Medicaid expansion debacle a potential bonanza for House Democrats — finally
It’s good to be a Florida House Democrat these days, Tampa Bay Times’ Michael Van Sickler explains.
Governor releases details on hospital funding commission
As the 2015 legislative session melted down on Wednesday, Governor Rick Scott moved forward with his proposed Commission on Healthcare and Hospital Funding. Kathleen McGrory reports via Tampa Bay Times’ “The Buzz” blog.
Florida-Based Orchid Underwriters Names New CIO
Orchid Underwriters Insurance Agency, LLC, a specialty underwriter of property insurance focused on coastal properties and based in Vero Beach, Florida has named Chuck Fillizola as chief information officer, Insurance Journal reports.
Bill Limiting Drone Use in Florida Sent to Governor
Using drones to take photos of people on their own property could soon be illegal in Florida, the Associated Press reports via Insurance Journal.
Uber bill, film incentives among House session casualties
New water policies, a revival of a tax-incentive program to attract film and television production to Florida and rules for app-based transportation services like Uber and Lyft were among the bills that likely died Tuesday when the House called an early end to the regular legislative session. THE NEWS SERVICE OF FLORIDA’s Jim Turner reports via the Panama City News Herald.
Congress Skeptical Of Global Insurance Talks
Congress is ramping up scrutiny of global discussions about insurance regulations, putting pressure on the Federal Reserve and the Treasury Department as they seek an international agreement on capital rules. The Wall Street Journal’s Ryan Tracy reports on the “Money Beat” blog.
Insurance Capital Standards Act Introduced
U.S. Senators Dean Heller (R-NV) and Jon Tester (D-MT), both members of the Senate Banking, Housing, & Urban Affairs Committee, introduced the International Insurance Capital Standards Accountability Act this week.
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