Capitol to Courthouse Florida Insurance Report: Thursday, November 29
Nov 29, 2012
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; Orlando, Florida. To view the meeting notice, click here. To view the agenda, click here.
10:00 a.m.–Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Reinsurance Committee meeting. To view the agenda, click here.
1:30 p.m.–Florida Workers’ Compensation Insurance Guaranty Association (“FWCIGA”) Investment Committee meeting. Orlando, Florida. To view the meeting notice, click here. A meeting of the FWCIGA Audit Committee is scheduled for 3:00 p.m.
2:00 p.m.–FWCJUA Operations Committee meeting. To view the agenda, click here.
Citizens Property Insurance committee tiptoes around coverage changes
Citizens Property Insurance Corp.’s Actuarial and Underwriting Committee on Wednesday shied away from reinstating some coverage options for customers who were phased out this year.
Campaign aims to stop feared termite’s spread in South Florida
A dangerous Caribbean termite that’s consuming trees, walls and ceilings in Dania Beach will be the target of a renewed eradication campaign, with state officials saying this may be their last chance before the species spreads through South Florida.
Effectiveness of Law to Put Skids on PIP Growth Could be a Year Away
The new state law designed to tackle the growing cost of no-fault auto insurance has resulted in an average 2.5 percent drop in that portion of new filings from private firms.
- Insurance Information Institute Representative on Florida PIP
- Blog: Average PIP savings under new car insurance law — 2.5 percent
Florida Commission to Decide Nuclear Plant Insurance Rate Offset
The state Public Service Commission is considering annual rate adjustments sought by Progress Energy Florida including a charge for power purchased to replace output from a crippled nuclear reactor.
Bipartisanship touted in Florida Senate committee membership appointments
Senate President Don Gaetz, R-Niceville, announced committee memberships for the upper chamber on Wednesday, touting tones of bipartisanship by picking five Democrats to chair Senate panels.
- Joe Negron to Head Florida Senate Health-Care Review, Garrett Richter to Oversee Gaming
- Pinellas’ Jeff Brandes named Chair of Florida Senate Transportation Committee; Google Car coming soon?
U.S. study: Florida graduation rate among worst
Florida has one of the lowest graduation rates in the country, according to preliminary data released this week by the federal government.
New York Times: Another Shooting May Test Florida Law
In what could become another test of Florida’s broad self-defense law, a software developer charged with killing a Jacksonville teenager said he reached for his gun and fired eight rounds only after he was threatened with a shotgun.
Florida’s local governments toughening ethics laws
A new report says Florida’s cities and counties have been strengthening their ethics laws and enforcement while state laws have essentially been frozen since the 1970s.
Florida needs to get rid of poor assisted-living facilities, panel says
A panel formed to recommend improvements in the assisted-living industry says in a new report that the state should use current regulations to get rid of unethical or incompetent facilities.
Blog: Six appeals filed in “Taj Mahal” art case
The Florida Supreme Court has assigned the 5th District Court of Appeal in Daytona Beach to hear appeals in a squabble over an unpaid $357,000 bill for framed photos ordered for the new 1st District Court of Appeal building in Tallahassee.
It was not Congress’ intent that federal regulators “supplant state-based regulation with a bank-centric capital regime,” Senator Susan Collins, R-Maine, says in a November 26 letter to Federal Reserve Chairman Ben Bernanke and other U.S. banking regulators.
Agreement Reached for North Carolina Dwelling Property Insurance Rates
Insurance Commissioner Wayne Goodwin has signed a settlement agreement with the insurance companies in the matter of a rate revision for dwelling insurance.
Wind Deductibles and Sandy: What It Means for Total Insured Losses
On October 29, 2012, when Hurricane Sandy made landfall along the northeast coast-a year to the day since the last northeastern superstorm and fourteen months since Hurricane Irene – the wind speeds recorded by the National Weather Service indicated the storm had diminished to “merely” a tropical storm.
South Carolina Emergency Officials Study Sandy for Lessons
Emergency officials on the South Carolina coast are looking at Superstorm Sandy to try to learn ways to better prepare for future storms.
U.S. House Committees Begin to Take Shape After Election
Representative Jeb Hensarling, R-Texas, was today named by Republicans as the new head of the House Financial Services Committee.
Click here to follow Colodny Fass& Webb on Twitter (@CFTLAWcom)
To unsubscribe from this newsletter, please send an email to Brooke Ellis at bellis@cftlaw.com