Capitol to Courthouse Florida Insurance Report: Wednesday, July 3
Jul 3, 2013
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Daily Florida Insurance-Related Events
There are no insurance-related events scheduled for today.
Daily Florida Insurance-Related News
Florida Blue seeks new policyholder-owned mutual insurance holding company structure
Blue Cross and Blue Shield of Florida Inc. (Florida Blue) wants to revamp its corporate structure, reports Allison Bell of LifeHealthPro.com. The nonprofit, policyholder-owned mutual insurer wants to become a stock company, NewCo Holding Company, that would be controlled by a new, policyholder-owned mutual insurance holding company.
Florida HCA Hospitals Among 55 Fined for Medicare Fraud
Doctors Hospital of Sarasota and Fawcett Memorial Hospital in Port Charlotte, both owned by for-profit giant HCA, are two of 55 hospitals in 21 states ordered to pay a total of $34 million in Medicare fraud, the U.S. Justice Department said Tuesday.
Florida lawmakers may revisit cuts in auto fees
The Legislature’s two budget chiefs say they are willing to revisit a failed proposal to roll back the state’s automobile fees, paid for by rescinding a longtime insurance company tax credit, reports James Rosica for the Tampa Tribune.
Governor vetoes three bills, criticizes special taxing districts’ power
Gov. Rick Scott vetoed three bills yesterday, criticizing special taxing districts that are supposed to govern drainage and water control issues for asking the Legislature to grant them more power, reports Tia Mitchell for the Tampa Bay Times.
Florida Supreme Court to hear question of whether legislators must testify on redistricting
In what promises to be a precedent-setting ruling over whether legislators can be shielded from testifying in a redistricting case, the Florida Supreme Court has agreed to hear a redistricting challenge brought by the League of Women Voters, reports Mary Ellen Klas for the Tampa Bay Times.
Elected Officials’ Finances Now a Few Clicks Away
Elected officials, judges and certain state employees have started to send in their annual financial disclosure forms that for the first time are being posted on the Florida Commission on Ethics website, reports Jim Turner for THE NEWS SERVICE OF FLORIDA.
Gambling expansion could affect Florida’s family-friendly pitch, report cautions
If Florida decides to expand casino gambling, the move could harm the state and Orlando’s tourist brand, says a new gaming report commissioned by the Florida Legislature, Tampa Bay Times’ Mary Ellen Klas reports.
“Five Questions” Interview With Florida Senator David Simmons
Sen. David Simmons, R-Maitland, is known as a policy wonk. He chairs the Senate Banking and Insurance Committee and sits on two appropriations committees. Here, SaintPetersBlog.com reprints his recent interview with THE NEWS SERVICE OF FLORIDA.
Temporary Exemption From Basel III Capital Standard Granted to Insurers
Insurers, even those which operate thrifts, will be temporarily exempt from new tighter capital standards imposed on larger financial institutions under the Basel III capital regimen, the Federal Reserve Board opined in a new 972-page final rule, Arthur D. Postal of PropertyCasualty360 reports.
Governor Haslam Names Abbie Hudgens to Head Tennessee’s New Injured Workers’ Division
Republican Gov. Bill Haslam has named Abbie Hudgens as the head of the state’s new Workers’ Compensation Division, Associated Press reports via Insurance Journal.
Commission Members Designated As Deputy Attorneys General For This Purpose
New York Governor Andrew Cuomo announced the formation of the “Commission to Investigate Public Corruption” under the Moreland Act and Executive Law Section 63(8) to probe systemic public corruption and the appearance of such corruption in state government, political campaigns and elections in New York State.
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