Capitol to Courthouse Florida Insurance Report: Thursday, July 2, 2015.
Jul 2, 2015
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Daily Florida Insurance-Related Events
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There are no insurance-related events scheduled for today.
Daily Florida Insurance-Related News
Orlando airport 2nd in nation in TSA claims
The Transportation Security Administration paid more than $130,000 over the past five years to settle claims that its workers at Orlando International Airport had stolen, damaged or lost passengers’ items. John McCarthy reports for FloridaToday.com.
Census Data Breaks Down Florida Metro-Area Insurance-Related Housing Traits
Jacksonville residents are more likely to have fireplaces in their homes than in any other Florida metro areas, but homes in Tampa and Orlando are more likely to have pets, Insurance Journal reports.
With Special Session now over, spotlight on Florida hospitals continues
A panel formed by Governor Rick Scott to examine the finances of hospitals and other parts of the health-care industry held its first meeting Wednesday since the end of two legislative sessions dominated by those issues, as Scott signaled he would continue pushing for changes. THE NEWS SERVICE OF FLORIDA’s Brandon Larrabee reports via SayfieReview.com.
Florida HMO profits plunge 90 percent in 2014
HMOs in the Sunshine State collectively reported a huge decrease in net income in 2014 compared to 2013, according to a report from the Florida Office of Insurance Regulation. Nina Lincoff reports for the South Florida Business Journal.
Florida’s court clerks battle budget woes, consider furloughs, shorter hours
After the Florida Legislature declined to provide additional funding to help the state’s court clerks deal with a $22 million shortfall, clerks are implementing significant measures in order to deal with a 5 percent slash in their budgets for the remaining three months of the state’s fiscal year. April Warren reports for the Ocala Star-Banner.
New Real Estate-Related Bills Passed By Florida Legislature Became Effective July 1
A number of real estate-related bills passed by the 2015 Florida Legislature and signed by Gov. Rick Scott become effective July 1, Bobby Freeman reports for SpaceCoastDaily.com.
Former Republican Party of Florida Chair Leslie Dougher to Run for Charlie Van Zant Seat
Former Republican Party of Florida Chairwoman Leslie Dougher is looking to return to Tallahassee, this time as a member of the Florida House of Representatives. Kevin Derby reports for SunshineStateNews.com.
Klotzbach-Gray hold firm on hurricane outlook
Phil Klotzbach and Bill Gray are standing pat on their call for a slower-than-normal season with eight named storms, including three hurricanes – one intense. The Sun-Sentinel’s Ken Kaye reports.
Guy Carpenter Confirms Slowing of Pricing Declines in June Renewals
Guy Carpenter & Company, LLC, has reported that “after two years of price decreases averaging 15 percent on U.S. property catastrophe placements, risk-adjusted pricing moderated at the most recent June renewals, Insurance Journal reports.
LCTA joins the ranks of Louisiana workers’ compensation firms converting to regular carriers
About 125 entities now write workers’ comp coverage in Louisiana-a record number, according to Louisiana Insurance Commissioner Jim Donelon. Meanwhile, premium rates have declined by nearly 60% during the past 20 years, producing a highly competitive market. This helps explain a move to a mutual holding structure now underway by LCTA Workers’ Comp, currently the state’s largest self-insured fund. Business Report has the story.
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