Capitol to Courthouse Florida Insurance Report: Wednesday, November 30
Nov 30, 2011
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
- Citizens Property Insurance Corporation (“Citizens”) Actuarial and Underwriting Committee meeting; 9:00 a.m. Teleconference: (866) 361-7525; conference code: 8632017402. To view the meeting notice, click here.
- Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Executive Compensation Committee meeting; 11:00 a.m. To view the meeting notice, click here. To view the agenda, click here.
- FWCJUA Reinsurance Committee; 2:00 p.m. To view the meeting notice, click here. To view the agenda, click here.
- Citizens Claims Committee meeting; 3:00 p.m. Teleconference: (866) 361-7525; conference code: 5219676193. To view the meeting notice, click here.
- Florida Insurance Guaranty Association Finance and Audit Committee meeting. Tampa, Florida. To view the meeting notice, click here.
Editorial: Head off ‘economic disaster’
Hurricane season will end Wednesday with Florida having enjoyed six comparatively uneventful seasons. Unfortunately, the storm over hurricane insurance hasn’t moved on.
Editorial: Florida relying on luck with hurricanes
Are you feeling lucky? No hurricane has made landfall on the Sunshine State in recent years, despite having active hurricane seasons.
A live, side-by-side residential fire sprinkler demonstration Tues-day was deemed a success by organizers, despite little to no citizen turnout.
Florida Looks to Manage State’s Workers’ Compensation Costs
Florida officials are looking for ways to reduce the state government’s workers’ compensation costs and considering changing some mandates that grant first responders automatic benefits and reducing prescription drug costs.
Federal officials deny medical loss ratio exemption requests from 2 states
The U.S. Department of Health and Human Services concluded that insurers in Indiana and Louisiana must spend at least 80 percent of premium revenue on patient care or face rebates to customers.
Governor Rick Scott may delay push for public hospital changes
Governor Rick Scott, the former private hospital executive, said this week that he might not press ahead with changes for public hospital in the coming legislative session.
Ex-Florida nursing home ombudsman’s lawsuit expanded
Florida’s ousted long-term care ombudsman on Monday added new accusations to his lawsuit alleging that Governor Rick Scott forced his resignation at the urging of the nursing home industry.
Florida unemployment program faces federal complaint
The Florida Department of Economic Opportunity is facing a complaint filed against the state’s unemployment compensation program with the U.S. Department of Labor’s office of civil rights.
11 Florida legislators subpoenaed in election law case
The Washington, D.C. law firm representing the League of Women Voters of Florida and the National Council of La Raza in State of Florida vs. United States of America and the U.S. attorney general issued the subpoenas demanding documents concerning the passage of HB 1355.
Governor Scott: Online tax rules not fair, but shouldn’t change
On the day millions of holiday shoppers were being encouraged to hit up online retailers, Governor Rick Scott acknowledged it isn’t fair that most people don’t pay Florida taxes on those purchases – but said he doesn’t want to do anything that would change that because he doesn’t want to “take more money out of the private sector.”
First redistricting maps for Florida create new Hispanic seats and retain GOP strength
Florida legislators released the first two of their proposed redistricting maps Monday, creating new Central Florida seats designed to elect Hispanics while carving up the rest of the state in a way that gives Republicans an electoral edge.
U.S. Representative Connie Mack makes bid for U.S. Senate official
The U.S. Representative from Fort Lauderdale made his formal announcement Monday night on Sean Hannity’s Fox News program.
Florida Senator Mike Bennett takes last shot at extending term limits
State Senator Mike Bennett is putting one final charge into trying to pass legislation that would extend the terms of state legislators from 8 years to 12.
Wall Street Journal: Dreaming of a New Vegas in Miami
A Malaysian gambling company wants to build what could be the world’s largest casino on prime land along Miami’s waterfront. It has spent about $450 million on real estate, pledged to help rebuild part of an interstate highway and hired 23 lobbyists to press for a new Florida law.
Senator Leavell Takes On NCOIL Presidency: Announces 2012 Leadership and Priorities
New Mexico Senator Carroll Leavell took over as NCOIL President during the organization’s recent Annual Meeting in Santa Fe, New Mexico-vowing to amplify NCOIL efforts to preserve and enhance state regulation. The slate of incoming NCOIL officers also includes Sen. Vi Simpson (IN) as President-Elect, Rep. Charles Curtiss (TN) as Vice President, Rep. Greg Wren (AL) as Secretary, and Sen. Neil Breslin (NY) as Treasurer.
Wall Street Journal: Bonds Prove to Be a Catastrophe
First-Ever Securities to Cover Damage Exclusively From Severe Thunderstorms Are Poised to Default
The first bonds designed to cover damage exclusively from severe thunderstorms are about to become a total wipeout for investors.
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