Capitol to Courthouse Florida Insurance Report: Thursday, October 1, 2015
Oct 1, 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
There are no insurance-related events scheduled for today.
Daily Florida Insurance-Related News
Citizens: Maybe it’s time for new law forcing use of approved contractors
Citizens Property Insurance wants South Florida policyholders to cut out the middlemen when filing claims for non-weather-related water losses, Ron Hurtibise reports for the Sun-Sentinel.
Citizens Property Insurance continues to shrink policy count, CEO says
Citizens Property Insurance has already passed off 1 million insurance policies to private carriers since 2012, and another surge is coming over the next four month, said Barry Gilway, CEO and president of Citizens. The Miami Herald’s Jeremy Wallace reports via the “Naked Politics” blog.
- No staff cuts yet as Citizens sheds policies
- Citizens Property Insurance seeing “unprecedented” surge in shedding policies
Florida Senator Bill Nelson speaks on Senate floor about Miami Beach tide floods
Florida Senator Bill Nelson was on Miami Beach this week as part of former Vice President Al Gore’s climate-change training conference. The Miami Herald’s Patricia Mazzei reports via the “Naked Politics” blog.
Florida Lawmaker Backs Call for National Flood Insurance Transparency
Florida State Representative Bill Hager says the state is turning up the heat on the National Flood Insurance Program as Florida residents become increasingly concerned with the high rates they are paying for flood insurance coverage. Amy O’Connor reports for Insurance Journal.
Feds grant Florida another extension for Medicaid program
With negotiations still in flux, the federal government on Wednesday gave Florida a fourth temporary extension that will keep the state’s Low Income Pool program operating through October 14. Christine Sexton reports for Politico Florida.
27 New Florida Laws Effective Today
The Florida Legislature passed 227 bills during its annual special session and 27 of those become laws October 1. They address issues ranging from revenge porn and prostitution to training law enforcement officers on how to recognize health emergencies brought on by diabetes. The Associated Press’ Brendan Farrington reports via the Lakeland Ledger.
Bush announces endorsements from 20 Florida senators
Jeb Bush has secured the endorsements of 20 of Florida’s 26 Republican state senators, his campaign announced Wednesday. Matt Dixon reports for Politico Florida.
Some donors hoping Atwater can help GOP avoid “bloody” Senate primary
After his first flirtation with running for U.S. Senate left many state and national Republicans disappointed, state Chief Financial Officer Jeff Atwater said Wednesday he was again considering running for the seat left vacant by Marco Rubio.
Mitigation Should Be Congress’ Disaster Goal, NAMIC Says
Congress can best ensure a vibrant insurance marketplace by exercising strong oversight over federal and international intrusions into the state-based insurance, the National Association of Mutual Insurance Companies says. InsuranceNewsNet.com reports.
Fairmont Farmers Mutual’s Stueven Assumes NAMIC Chairmanship
Paul Stueven, chief operating officer and treasurer of Fairmont Farmers Mutual Insurance Co. of Fairmont, Minnesota has assumed the chairmanship of the National Association of Mutual Insurance Companies at the organization’s annual meeting in San Diego, Insurance Journal reports.
How Property Casualty Mutual Insurers Perform Compared to Property Casualty Industry
Mutual property/casualty insurers tend to underperform the property/casualty insurance industry as a whole in several areas of performance, a new A.M. Best report says.
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