Capitol to Courthouse Florida Insurance Report–Thursday, June 12, 2014
Jun 12, 2014
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Daily Florida Insurance-Related Events
There are no events scheduled for today.
Daily Florida Insurance-Related News
Sean Shaw Adds $10,700 In May To Widen House District 61 Lead
Democrat and former Florida Insurance Consumer Advocate Sean Shaw took in $10,700 last month to continue his fundraising lead in the Florida House District 61 seat, according to the latest reports from the Division of Elections. SaintPetersBlog.com provides an update.
University of Colorado professor: Florida’s hurricane luck will run out
Whether there are climatological reasons for the lengthy hurricane drought, it is 100 percent certain that [Florida’s] luck will run out, University of Colorado Professor Roger Pielke writes in a guest column for Florida Today.
Florida Chief Financial Officer Jeff Atwater Discusses Homeowners Bill Of Rights
Florida Chief Financial Officer Jeff Atwater joined WJHG News Channel 7 in Panama City Beach to discuss the “Homeowners Claims Bill of Rights” bill that is pending approval by Governor Rick Scott.
Ten years ago, Universal North America launched operations in Sarasota, Florida, undeterred by the state’s history of hurricanes or stiff business competition, the company notes in a press release.
Study: Florida is one of the most corrupt states
A new study from researchers at the University of Hong Kong and the Indiana University estimates that corruption on the state level is costing Americans in the 10 most corrupt states an average of $1,308 per year, or 5.2% of those states’ average expenditures per year, the Tampa Bay Times’ Tia Mitchell reports via “The Buzz” blog.
Final arguments filed in redistricting case
The coalition of voters challenging Florida’s congressional districts filed a 30-page closing argument Wednesday, peppering the brief with blacked out sections that attempt to shield references to the political consultant Pat Bainter and his company, the Miami Herald’s Mary Ellen Klas reports.
Court Backs Man in Anonymous Records Request
Siding with a man who filed public-records requests without giving his name, an appeals court Wednesday said the city of Greenacres could not require him to fill out a form before obtaining the documents, THE NEWS SERVICE OF FLORIDA reports via SayfieReview.com.
Florida’s economic growth in 2013 better than most of the country
Florida’s economy grew faster than the national average last year, the first time that has happened since the onset of the Great Recession, the Tampa Bay Times reports.
Florida State hires new firm as it restarts presidential search
Florida State University hired a new search consultant Wednesday with hopes of moving past the acrimony and mistrust that has plagued its hunt for a new president, reports Tia Mitchell for the Tampa Bay Times.
Meet Charlie Crist’s campaign team
Democratic gubernatorial candidate Charlie Crist is ready to announce his new campaign team, a mix of new and old names, the Miami Herald’s Marc Caputo reports on the “Naked Politics” blog.
Cigarettes, Alcohol and Auto Insurance: Groups Weigh in on Affordability
Those responding to an FIO request for affordable auto insurance this week included insurance companies, property and casualty trade groups, consumer groups, actuaries, state regulators and the Insurance Information Institute, reports National Underwriter’s Arthur Postal for PropertyCasualty360.com.
With Cantor’s Primary Defeat, Is Industry-Sought Legislation Further Out of Reach?
This week’s resignation of Eric Cantor as U.S. House majority leader following his stunning primary defeat could mean the outlook for prompt passage of legislation sought by the property and casualty insurance industry is cloudy at best, National Underwriter’s Arthur Postal reports for PropertyCasualty360.com.
Businesses Lobby Delaware to Keep “Loser Pays” Option in Shareholder Suits
Big business is lobbying Delaware lawmakers for corporate bylaws to shift legal fees to shareholders who sue and lose, which legal experts say could curtail a booming type of investor class actions, Reuters’ Tom Hals reports via Insurance Journal.
Fitch Upgrades Lloyd’s Ratings
Fitch Ratings announced that it has upgraded Lloyd’s of London’s Insurer Financial Strength Rating, Insurance Journal reports.
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