Capitol to Courthouse Florida Insurance Report: Tuesday, September 3
Sep 3, 2013
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
11:00 a.m.–Florida Workers’ Compensation Joint Underwriting Association Rates and Forms Committee teleconference meeting
Daily Florida Insurance-Related News
Heritage reaps $19 million less from Citizens insurance deal
Citizens Property Insurance Corp. entered into a deal with Heritage Property and Casualty Insurance this year to take over up to 60,000 of its policies and ceding six months of premiums — about $52 million — to the company, The Florida Current’s Gray Rohrer reports.
Senator Sachs’ free workshops to teach post-storm claims handling
People know how to prepare for a hurricane by putting up shutters, buying water and loading up flashlights with batteries, but what about handling problems after the storm? Marisa Gottesman writes for the Sun Sentinel.
New Hampshire Family Fighting Florida Resort After Time Share Swallowed By Sinkhole
Debbi Ward and her sister Faith Clark are back home in New Hampshire after the timeshare the two were staying in, along with Faith’s two sons, got swallowed up by the gigantic sinkhole in Florida that made headlines earlier this month, Michael Rosenfield reports for WBZ-TV of New Hampshire.
13,500 Southwest Florida seniors to move to Medicaid managed care system as of Sunday
On Sunday, thousands of residents of southwest Florida became part of the long-debated shift to a Medicaid managed care system, reports Jim Saunders for the News Service of Florida via SaintPetersBlog.com.
Insurance Commissioner’s Blurry Prediction of Rate Increases Under Obamacare Contradicted
Contradicting Florida’s Office of Insurance Regulation, a study from the RAND Corporation reports that the Affordable Care Act is unlikely to cause a hike in premiums for the individual market in this state or nationally, writes Health News Florida’s Carol Gentry via FlaglerLive.com.
A disrupted health care market in Florida
A cornerstone of the Affordable Care Act is the new health care exchanges that will sell insurance online to individuals and small businesses, Lilly Rockwell explains in Florida Trend.
Florida workforce loses ground since 2000, report says
It has been worse than a lost decade for Florida, economically speaking, Jeff Harrington reports for Tampa Bay Times.
Taxing online services, products challenges Florida lawmakers
Floridians are supposed to pay state tax whenever they buy “tangible” things like books and DVDs through Amazon, the online retailer, James Rosica reports for the Tampa Tribune.
Virtual education in Florida schools on the rise
Virtual education for school-aged children seems to be going viral – at least in Florida, writes Karen Yi for the Sun-Sentinel.
PECO’S Promise: PECO’s cupboards remain bare
Almost a decade ago, lawmakers began leveraging 90 percent of GRT revenue, and when the economy went into recession the GRT produced enough money to service PECO’s debt with none left for new projects, The Florida Current’s James Call reports in the third and final story in a series.
Ninth Circuit Falls In Line With Supreme Court Ruling on Class Action Removals
In Rodriguez v. AT&T Mobility, LLC, the Ninth Circuit continues a string of recent decisions cracking down on district courts’ tendency to remand class actions on the purported basis that the defendant failed to meet the burden of proof that subject matter jurisdiction exists, Legal Monitor Woldwide reports via Advisen.com.
Potential Future of Insurance Without TRIA
If Congress fails to renew or makes significant changes to the federal terrorism risk insurance program, some insurers will be forced to significantly alter their underwriting portfolios to reduce terrorism exposures, Andrea Wells writes for Insurance Journal.
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