Capitol to Courthouse Florida Insurance Report: Wednesday, June 24, 2015

Jun 24, 2015

 

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

 

    • 9:00 a.m. to 12:00 p.m.– Florida Citizens Property Insurance Board of Governors meeting.  Maitland, Florida.  To view the meeting notice, click here.

     

    Daily Florida Insurance-Related News


    Florida High Court Removes Judge Over Misconduct in Personal Injury Cases

    The Florida Supreme Court ruled June 18 that Judge Laura Watson isn’t fit to serve as a judge because of the way she handled a $14.5 million settlement with Progressive Insurance over personal injury lawsuits.  The Associated Press reports via Insurance Journal.

     

    Florida Governor signs budget, vetoes nearly $500 million

    Florida Governor Rick Scott on Tuesday ended the state’s biggest budget crisis in more than two decades by signing a more than $78 billion budget into law, but he may have created another divide with some of his fellow Republicans.  The Associated Press’ Gary Fineout reports via the Tampa Tribune.

     

     

    Florida, Feds Finalize Two-Year Extension of Low Income Pool Hospital Fund

    The Obama administration and the State of Florida have reached an agreement to continue funding the hospital low-income pool for two more years, but at a much lower cost.  The Associated Press reports via Scripps’ “Political Fix Florida” blog.

     

    $40 billion of national parks at risk from sea rise

    Sea-level rise puts at high risk more than $40 billion in park infrastructure and historic and cultural resources, including almost $90 million in assets at the Canaveral National Seashore, according to a federal report released Tuesday.

     

    Federal Agencies Issue Flood Insurance Rule for Lenders

    Five federal regulatory agencies have signed off on a joint rule that modifies regulations for loans secured by properties located in special flood hazard areas, Insurance Journal reports.

     

    USAA Piloting Auto Insurance Quotes in California Through Google Compare

    California drivers shopping for auto insurance online can now receive USAA rate quotes and coverage information in their Google search results through the Google Compare service that debuted in March 2015, Insurance Journal reports.

     

    Lloyd’s Stops Insuring Marijuana Firms Due to U.S. Law Conflicts

    A decision by Lloyd’s of London to stop insuring any risks relating to the marijuana industry has caught those in the insurance industry working with this segment off-guard.  MyNewMarkets.com’s Amy O’Connor reports via Insurance Journal.

     

     

     

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