Capitol to Courthouse Florida Insurance Report: Wednesday, May 29
May 29, 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
1:00 p.m. to 4:00 p.m.–Citizens Property Insurance Corporation Depopulation Committee meeting. Tallahassee, Florida. Teleconference: 855-312-8651; participant code: 4458606638#. To view the meeting notice, click here.
Daily Florida Insurance-Related News
The physical and mental competency to stand trial of a former Miami insurance executive is before a federal judge in one of Florida’s biggest fraud cases, Associated Press’ Curt Anderson reports for The Republic.
Fidelity National Agrees to Buy Jacksonville-based LPS in $2.9 Billion Deal
Fidelity National Financial Inc., the largest U.S. title insurer, agreed to acquire its former unit, Lender Processing Services Inc., to expand in the business of providing and analyzing mortgage data, Bloomberg BusinessWeek’s Zachary Tracer and Noah Buhayar report.
Florida Governor signs driver texting ban
Hoping to catch the attention of young motorists, Gov. Rick Scott signed a law Tuesday making it illegal to send manual text messages while driving. It takes effect Oct. 1, reports Bill Cotterell for The Florida Current.
After years of legislative fights over fertilizer rules, sides still can’t reach consensus
The Florida Department of Agriculture and Consumer Services held a workshop yesterday to consider changes in labeling requirements for urban turf fertilizers, reports Bruce Ritchie for The Florida Current.
State Representative Ken Roberson Looks Solid for Final Term
As summer begins, Rep. Ken Roberson, R-Punta Gorda, appears in excellent shape as he seeks a fourth and final term next year in the Florida House, Jeff Henderson reports for SunshineStateNews.com.
Julia Rathgeber Appointed Texas Insurance Commissioner as Eleanor Kitzman Exits
On the same day that Eleanor Kitzman exited her post as state insurance commissioner, Texas Gov. Rick Perry appointed Julia Rathgeber of Austin to take over leadership at the Texas Department of Insurance, reports Insurance Journal.
Oklahoma Commissioner Doak Suspends NonRenewals; Asks Retired Agents for Help
Oklahoma Insurance Commissioner John Doak is suspending policy non-renewals, cancellations and terminations for Oklahomans affected by the severe storms that tore through the state May 19 and 20, Anna Khalamayzer reports for National Underwriter’s PropertyCasualty360.com.
Insurers Warm to Bill to Mitigate Proposed Dodd-Frank Capital Rules
The insurance industry is helping birth new legislation that would address one of the most vexing issues for insurers in the Federal Reserve’s stable of supervision, Elizabeth Festa reports for National Underwriter’s PropertyCasualty360.com.
Blog: The Insurance Industry’s Complicated Relationship with Climate Change
“As an insurance guy who has been on both sides of the climate change debate–I’ve worked for organizations full of climate change skeptics and now head one that believes it’s an important public policy issue–I’ve heard just about every claim about what “insurers say” about climate change,” blogs Eli Lehrer for the Huffington Post.
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