Capitol to Courthouse Florida Insurance Report–Tuesday, October 7, 2014
Oct 7, 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
There are no events scheduled for today.
Daily Florida Insurance-Related News
Plenty of Questions Remain About Citizens Clearinghouse
Florida’s state-backed property insurer has begun submitting renewal policies through its online clearinghouse to private carriers, but agents believe the process still needs refinement, Michael Adams reports for Insurance Journal.
Few Sparks Fly as Florida Attorney General Candidates Joust in Lone Debate
Florida Attorney General Pam Bondi defended Governor Rick Scott in a mostly civil debate Monday with her general-election challengers, Democrat George Sheldon and Libertarian Bill Wohlsifer. THE NEWS SERVICE OF FLORIDA’s Jim Saunders reports via SunshineStateNews.com.
What high court action on gay marriage means for Florida
The U.S. Supreme Court’s refusal to hear same-sex marriage appeals from five states means that in Florida, the final word on the subject will likely come from the federal appeals court or the state supreme court, Sun-Sentinel’s Dan Sweeney reports.
Rick Scott’s blind trust targeted in newly filed appeal
Since the spring, Florida’s financial disclosure requirement for political candidates has been at the center of a lawsuit against the legislation passed in 2013 by Florida’s Legislature and Governor Rick Scott that created a blind trust law allowing the Governor to not make such disclosures. The Miami Herald’s Marc Caputo reports via the “Naked Politics” blog.
Prominent St. Petersburg pastor switches to GOP, does not endorse Rick Scott
Prominent St. Petersburg Pastor Manuel Sykes changed his party registration to Republican on Monday, but stopped short of endorsing Governor Rick Scott for re-election, as GOP officials had hoped, Tampa Bay Times’ Curtis Krueger reports.
A novel approach for Rick Scott campaign: Positive ads
After months of negative ads savaging Democrat Charlie Crist, Governor Rick Scott has been slowly running more positive spots, including the latest one where he essentially takes his opponent to task for running . . . negative ads. The Miami Herald’s Marc Caputo reports via the “The Buzz” blog.
Treasury to Weigh Changes, Hear MetLife Challenge on Systemic Risk
U.S. Treasury Secretary Jacob J. Lew said a council of financial regulators will consider changes to how it evaluates companies for systemically important designation, Bloomberg’s Jacob Lew reports via Insurance Journal.
Nearly 4,000 may get damages in Chinese drywall suit
A federal judge has ruled that nearly 4,000 homeowners who say Chinese drywall ruined their homes are eligible to share any further damages he may award in lawsuits against Taishan Gypsum Co. Ltd., a government-owned manufacturer that failed to show up in court, Associated Press reports via Advisen.com.
Louisiana’s 37-acre Sinkhole Spawns Insurance Fight
The collapse of a portion of a salt dome that left a 37-acre sinkhole in swampy land west of Baton Rouge has bubbled up into a $50 million dispute between the mine operator and its insurance company, Associated Press’ Janet McConnaughey reports via Insurance Journal.
New Jersey Bill Seeks Stop Reverse Rate Evasion
The New Jersey Assembly passed a measure that would make reverse rate evasion an insurance fraud and provide for civil and criminal penalties. The bill, A 2281, passed the state’s Assembly on Monday and is pending in the state Senate, Insurance Journal reports.
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