Capitol to Courthouse Florida Insurance Report: Wednesday, June 8
Jun 8, 2011
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Daily Florida Insurance-Related Events
There are no insurance-related events scheduled today.
Tampa Bay area AAA Auto Club South plans to combine its operations with the nonprofit’s Midwest counterpart, enabling it to expand services including auto and homeowners insurance policies.
Blog: Florida’s two largest private home insurers deemed weak at start of hurricane season
Weiss Ratings, which rates the financial health of companies, reported last week that the state’s two largest private insurers – State Farm Florida and Universal Property & Casualty – are in poor financial shape.
In fighting health care law, Florida rejects millions in federal aid
Florida already leads a lawsuit challenging the federal health care law, but state officials are going a step further and ignoring the law almost entirely – rejecting millions of federal dollars to provide health care for retirees, seniors, children and people with disabilities.
State to Hear from Public on Medicaid Plan
With public hearings starting Friday on Florida’s new Medicaid overhaul, a physician who serves on a state advisory panel questioned Tuesday whether the plan would attract doctors.
Florida House Democrats urged a pair of Republican Cabinet members Tuesday to push for more answers and an apology from Republican Governor Rick Scott for his office’s role in bullying a couple dozen Democratic protesters at last month’s budget-signing ceremony.
Democrat wants ban of corporate donations
Democratic provocateur Jon Ausman on Tuesday called on the Florida Democratic Party to create a code of ethics and take a cue from the national party by banning donations from corporations and lobbyists.
Judge says state should throw out multi-million dollar contract with Microsoft
An administrative judge ruled Tuesday that Microsoft Corp. should not have won a nearly $24 million contract to develop a new web-based system intended to help students, parents and teachers in Florida master new standards.
Report puts Florida at top of the list for foreclosures
Florida has once again been deemed the center of the nation’s suffering housing market, as a new study shows the state is responsible for more foreclosures than any other state.
Turf battle looming between powerhouse universities and state board
An attempt by leaders of Florida’s state university system to plan for the future and avoid duplication among rival schools is running into the same kind of resistance that has doomed past efforts.
Blog: Craig Miller, former Ruth’s Chris CEO, leaning toward US Senate run in Florida
Former Ruth’s Chris Steak House CEO Craig Miller is now leaning toward a Senate run in Florida, visiting Washington D.C. this week to meet with Republican officials and conservative groups ahead of a possible bid, reports Politico.
Blog: Governor Scott to announce months-old relocation plans for Montreal company
The Buzz is that Governor Rick Scott’s big announcement tomorrow is that a Montreal-based armored-car company is moving its U.S. headquarters from Pasadena, California to Boca Raton.
Texas Windstorm Insurance Issue Added to Special Session
Texas Governor Rick Perry has added legislation relating to the operation of the Texas Windstorm Insurance Association as an issue to be addressed during the special session of the Legislature that began on May 31.
Texas windstorm insurance group facing overhaul is doing better, leader says
As members of a Texas House committee heard Tuesday about a bill tackling the operations of the Texas Windstorm Insurance Association, the new manager of the association insisted that the oft-maligned insurer has improved and would be able to handle a sizable storm this year.
Louisiana state police: Insurance agent fatally shot 2 fraud investigators looking at his business
Authorities were probing the deaths Wednesday of two unarmed state investigators shot dead by a troubled small-town insurance agent whose office they were paying a visit.
Insurance Industry Not Ready To Comply With New York City Builder Rules
Building contractors run into problems doing business in New York City after June 13 when a new set of insurance requirements is scheduled to take effect, says an independent agent group.
Marsh Launches Index-Based Insurance Option for Earthquake, Windstorm Risks
Marsh now offers an option for organizations with significant earthquake and/or windstorm exposures that are unable to purchase enough insurance to adequately protect their assets.
RRG Bill Provides Mechanism To Settle Disputes With States
A bill has been introduced that would establish a federal mechanism to resolve disputes between risk retention groups and non-domiciliary states.
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