Capitol to Courthouse Florida Insurance Report–Tuesday, August 26, 2014

Aug 26, 2014

 

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

 

3:00 p.m.–Florida Health Insurance Advisory Board meeting.  Tallahassee, Florida.  Agenda includes updates on state and federal health care issues relating to the Patient Protection and Affordable Care Act (“PPACA”) and development of 2015 legislative recommendations.  Presentations will be made on national and Florida outcomes of the PPACA by the National Association of Insurance Commissioners and the Florida Office of Insurance Regulation, respectively.

     

     

    Daily Florida Insurance-Related News

     

    State Farm Florida to Drop Insurance Policies on Manufactured Homes

    Insurer plans to mail final non-renewal notices next month

    State Farm is among several insurance companies shying away from manufactured home policies in an effort to manage their exposure to risk, John Ceballos reports for the Lakeland Ledger.

     

    Insurance Research Council Studies Impact of Third-Party Bad-Faith Law on Florida’s Automobile Insurance System

    The Insurance Research Council estimates that Florida’s third-party bad-faith lawsuit environment may have resulted in over $800 million in additional auto liability claim payments in 2013.  This cost averages to approximately $79 in additional claim costs for every insured vehicle in the state, InsuranceNewsNet.com reports.

     

    Workers’ Comp rates could be trimmed in Florida

    Florida employers could see the first overall reduction in workers’ compensation insurance rates in four years, THE NEWS SERVICE OF FLORIDA reports via the Jacksonville Business Journal.

     

    Citrus Memorial to join HCA; board drops county property taxes to zero

    Citrus County residents will soon be getting a break on property taxes, as officials voted to transfer the lease of Citrus Memorial Hospital into private control, SaintPetersBlog.com’s Peter Schorsch reports.

     

    Judge Denies Reggie Fullwood’s Bid to Qualify for House Race

    A Leon County circuit judge Friday rejected arguments by State Representative Reggie Fullwood, D-Jacksonville, that he should have been allowed to qualify for the 2014 elections.  THE NEWS SERVICE OF FLORIDA’s Margie Menzel reports.

     

    Charlie Crist to cross the state today in final pre-primary tour

    Former Republican governor Charlie Crist  – looking to return to his old job as a Democrat – will spend the last 24 hours of the primary race in a final frenzied push to reach out to volunteers and voters at several get-out-the-vote events statewide, SaintPetersBlog.com’s Phil Ammann reports.

     

    It’s not the party, it’s the after party!  A rundown of where candidates will be on Election Night

    Industrious party-goers and political gadflies in Tampa Bay and throughout the state can make a night of following voting results Tuesday by visiting gatherings that the dozens of candidates are organizing.  SaintPetersBlog.com’s Peter Schorsch tells voters where to kick up their heels at some trendy spots while following the election results.

     

    NAIC adopts new corporate governance disclosure rule; Trouble brewing for insurers?

    New rules have been adopted by the National Association of Insurance Commissioners’ Financial Condition Committee that would allow regulators to gain greater insight into insurers’ corporate-governance practices, Joseph Jafaari reports for National Underwriter’s PropertyCasualty360.com.

     

     

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