Capitol to Courthouse Florida Insurance Report: Tuesday, September 13
Sep 13, 2011
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
8:30 a.m.–Florida Automobile Joint Underwriting Association Board of Governors Meeting. (Tampa, Florida). To view the meeting notice, click here.
(CANCELED) 10:00 a.m.–Florida Surplus Lines Service Office National Clearinghouse Committee meeting. Agenda includes issues pertaining to the proposed national surplus lines tax clearinghouse. To view the meeting notice, click here.
2:30 p.m.–Agency for Health Care Administration Public Meeting (Coral Gables, Florida). Opportunity for public comment on the Statewide Medicaid Managed Care program outlined in HB 7107 and HB 7109. To view the agenda, click here.
3:30 p.m.–Nonadmitted Insurance Multi-State Agreement meeting. To register for the teleconference, click here.
4:00 p.m.–Florida Office of Insurance Regulation Public Rate Hearing at Tampa Convention Center: Citizens Property Insurance Corporation (“Citizens”). Proposed statewide average rate increases for Citizens’ homeowners line of business (including sinkhole coverage). Agenda is forthcoming. To view the meeting notice, click here.
Citizens Property Insurance Corporation Board Members Approve Phase-In Rate Proposal
Citizens Property Insurance Corp.’s Board of Governors met in emergency session today to discuss the proposed sinkhole rate increases.
- Citizens Property Insurance to phase in sinkhole hikes – first year at 50 percent
- Citizens Property Insurance Board approves caps to sinkhole premium increases
Senator Fasano Encourages Citizens Customers to Attend Public Hearing on September 13th
State Senator Mike Fasano reminds and encourages Citizens Property Insurance policy holders, and those who are concerned about rising premiums for sinkhole coverage, to attend the Office of Insurance Regulation’s public hearing scheduled for September 13th at 4:00 PM.
Editorial: Dig Florida out of a hole
For a change, the next big increases in the cost of homeowners insurance won’t fall hardest on South Floridians.
Fair Insurance Rates in Monroe urges windstorm meeting attendance
Property owners in Monroe County, which has some of the strictest building codes in Florida, face some of the state’s highest windstorm insurance rates.
Broward judge allows Chinese drywall victims to pursue individual cases in state court
Broward County Circuit Court Judge Charles Greene on Friday issued an order to allow Chinese drywall victims, who are opting out of the controversial $53 million federal class-action settlement proposed by Banner Supply Company, to continue to pursue their individual cases in state court.
Florida’s billion-dollar problem
In 2009, staged car accidents swamped Hillsborough County deputies.
Legal battle over state employee health insurance quickly ends
A legal skirmish over the future of the state employee health insurance plan took an abrupt turn in the wake of a last-minute ruling by the administrative judge handling the case.
Blog: White House Jobs Bill would send billions, add jobs in Florida
Florida would receive at least $7.5 billion of federal spending to help save or create more than 63,000 jobs if President Barack Obama’s jobs plan is adopted by Congress, according to White House projections.
Most waterways have been designated as Class III for fishing and swimming.
Key Florida children’s agency official quits amid fraud rulings over her company
High-ranking Department of Children and Families administrator Nancy Dreicer resigned under pressure today, after The Palm Beach Post reported that a judge ruled she fraudulently tried to stiff creditors.
Florida’s chief financial officer urges legislators to reform tax code, balance budget
Florida’s chief financial officer is well aware that the state has had a “clear wake-up call” with increasing unemployment rates and underwater mortgages.
South Florida drinking water faces saltwater threat
Summer rains can’t wash away a growing underground threat to South Florida’s water supply.
Top slots at new Department of Economic Opportunity are being filled
Doug Darling, executive director of the new department, announced the filling of 10 positions, most of them from agencies that are being moved into the new department.
Depositions released in Jim Greer case
The state senator who succeeded Jim Greer as head of the Republican Party of Florida signed a severance agreement that promised the disgraced party chairman tens of thousands of dollars.
‘Stand Your Ground’ law may become defense tool
It was historic when Michael Monahan walked out of the Palm Beach County Jail last week a free man.
Candidates for Tony Hill’s Senate seat offer unique styles
When state Senator Tony Hill, D-Jacksonville, decided to accept a job with Jacksonville Mayor Alvin Brown, it left open one of Northeast Florida’s three state Senate seats.
State Farm’s change on deductibles to cost many Texas homeowners more
State Farm is proposing changes to home insurance deductibles that consumer advocates warn would reduce the amount consumers could collect on claims.
Louisiana Court Orders Injunction Against Insurance Fraud Ring
Insurance regulators in Louisiana say a court has ordered a permanent injunction against members of an insurance fraud ring, banning them from further involvement in the insurance business in that state.
Indiana State University Report: Feds Should Look to Federalize Life Insurance
The newly sprung Federal Insurance Office should consider making the case for federal regulation of some lines of insurance, particularly life and reinsurance, according to a new report from Networks Financial Institute.
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