Capitol to Courthouse Florida Insurance Report: Thursday, November 14

Nov 14, 2013

 

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

 

9:00 a.m.–Florida Board of Employee Leasing Companies Board meeting.  St. Augustine, Florida.  To view the meeting notice, click here.  To view the agenda, click here.

    9:30 a.m.–Florida Insurance Guaranty Association Finance and Audit Committee meeting.  Tampa, Florida.  To view the meeting notice, click here.

      2:00 p.m.–Florida Citizens Property Insurance Corporation Claims Committee meeting.  Teleconference:  (866) 361-7525; conference ID:  5219676193#.  To view the meeting notice, click here.

         

         

        Daily Florida Insurance-Related News

         

        Sinkhole opens up in Florida, swallows portions of 2 Dunedin homes

        Residents are evacuating from a Florida neighborhood after a sinkhole opened up, swallowing parts of two homes, according to authorities, FOX News reports.

         

        Fitch:  Florida Law Could Provide Boost for Property and Casualty Insurers

        New legislation is designed to target the abuse of Florida’s no-fault insurance system, which has been estimated to cost as much as $1 billion a year, Justin Stephani reports for Insurance Networking News.

         

        Florida’s EPIC Selects Seibels for Business Process Outsourcing and Policy Administration Management Services

        Seibels, an insurance services provider of processing, technology, and claims solutions, and Elements Property Insurance Company, a new Florida homeowners insurance company, today announced that EPIC has selected Seibels to manage its business process outsourcing and policy administration services, a company news release reports.

         

        3,500 Floridians enroll for coverage under the Affordable Care Act 

        The Obama Administration announced Wednesday that 3,571 people in Florida have selected insurance plans through  a health exchange run by the federal government as part of the Affordable Care Act, The Florida Current’s James Call reports.

         

        As hospitals brace for financial blow, Medicaid expansion in Florida unlikely, legislative leaders say

        Will Weatherford, the speaker of the Florida House of Representatives, told a Healthcare Policy Conference at Jacksonville University Wednesday that he would like to see “everybody have insurance,” Charlie Patton reports for the Florida Times-Union.

         

        Foreclosure auctions jump in South Florida

        The number of foreclosed homes scheduled for the auction block in October skyrocketed by 76 percent in Palm Beach County compared with a year ago, according to figured released by RealtyTrac on Wednesday, Donna Gehrke-White reports for the Sun Sentinel.

         

        Bill Nelson Still Considering Bid for Governor

        Fanning the flames of uncertainty about former Gov. Charlie Crist’s viability as a gubernatorial candidate, Democrats close to U.S. Sen. Bill Nelson are letting potential supporters know the three-term senator is waiting in the wings if Crist’s campaign stumbles, THE NEWS SERVICE OF FLORIDA’s Dara Kam and Brandon Larrabee report via SunshineStateNews.com.

         

        Scott collects nearly $825,000 toward re-election

        Governor Rick Scott’s “Let’s Get to Work” re-election campaign committee collected another $824,000 in political contributions last month, including $175,000 from developers hoping to set up a huge “destination resort” casino complex in the Miami area.

         

        Just back from Afghanistan, reservist launches campaign for state House District 63 seat

        Late last week, Maj. Bret Wedding returned from a six-month deployment as a logistics officer for troops fighting in Afghanistan, relates Tampa Bay Times’ Richard Danielson.

         

        Florida sees participation in low-income phone program drop by 11 percent

        After a big increase in 2011, participation in Lifeline dropped in fiscal year 2012-13 with the Florida Public Service Commission saying the decline is largely attributable to federal rules requiring re-certification, The Florida Current’s Bruce Ritchie reports.

         

        Florida Supreme Court hears Mardi Gras casino union case

        The Florida Supreme Court seemed unlikely Wednesday to declare invalid a pre-organizing agreement between a union and a South Florida casino that had the business helping the union organize in return for help with a ballot initiative, Associated Press’ Jesse Holland reports via the Miami Herald.

         

        TRIA Issue Could Wait Until Spring; Signs Are Backstop May Look Different

        Signs emerged at a House hearing that majority Republicans on the House Financial Services Committee will demand far more industry “skin in the game” as their price for reauthorizing the Terrorism Risk Insurance Act, Arthur Postal reports for National Underwriter’s PropertyCasualty360.com.

         

         

         

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