Capitol to Courthouse Florida Insurance Report: Wednesday, November 4, 2015
Nov 4, 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
- Wednesday, November 4
- 8:30 a.m. to 10:30 a.m.–Florida House Insurance and Banking Subcommittee. To view the meeting notice, click here.
- 1:00 p.m. to 5:00 p.m.–Federal Advisory Committee on Insurance meeting. Washington, D.C. Agenda includes discussion on topics including the forms and prevalence of alternative risk-sharing mechanisms; affordability in the National Flood Insurance Program; national and global developments on cybersecurity and the insurance sector; and important developments at the International Association of Insurance Supervisors. For more information, click here.
Daily Florida Insurance-Related News
Florida Insurance Commissioner Orders Workers’ Compensation Rates Lowered by 5.1%
Florida Insurance Commissioner Kevin M. McCarty has ordered the National Council on Compensation Insurance to lower workers’ compensation rates for Florida employers by 5.1%.
Florida Drops Order for The Doctors Co. to Lower Rates
The Florida Office of Insurance Regulation has dropped its Order for The Doctors Co. to lower its filed rates by 15 percent. The rate increases proposed by the medical malpractice insurer back in Dec. 2014 for its will remain the same as filed, according to the company. Amy O’Connor reports for Insurance Journal.
Industry-backed fracking bill clears Florida House panel
A bill that would create a new regulatory structure in Florida for oil and gas drilling, including the controversial practice known as “fracking,” easily passed a House panel Tuesday despite roughly 50 environmentalists on hand to oppose the measure. THE NEWS SERVICE OF FLORIDA’s Margie Menzel reports via SayfieReview.com.
Florida House passes new redistricting plan, Senate clash awaits
With time winding down, the redistricting ball is back in the Senate’s court, after a divided House voted 73-47 Tuesday on its own proposal to redraw 40 Senate districts. Gray Rohrer reports for the Orlando Sentinel.
Judicial term limits get backing in House
Florida Supreme Court justices and appeals-court judges would be limited to two full terms in office under a proposed constitutional amendment approved Tuesday by a House subcommittee. Brandon Larrabee reports for THE NEWS SERVICE OF FLORIDA via the Gainesville Sun.
Florida pro sports teams make another push for state money
Several of Florida’s professional sports teams are trying again to win state money from the Florida Legislature. The Associated Press reports via SaintPetersBlog.com.
New York Officials Propose Regulations for Projecting Rises in Sea Level
New York conservation officials are proposing regulations for establishing official state projections of rising sea levels, Insurance Journal reports.
The National Association of Insurance Commissioners President-Elect John M. Huff and NAIC CEO Senator Ben Nelson addressed the Missouri Association of Mutual Insurance Companies 120th Annual Convention this week.
Illinois Treasurer, 3 insurance companies duel over audits
Three insurance companies are suing Illinois State Treasurer Michael Frerichs over his request to audit their records to make sure death benefits have been paid out, the Illinois News Network reports.
Google Shopping Site For Car Insurance Available In Illinois
Google Compare, which is free to use, receives commissions and fees from participating carriers. It works not as an insurer but as an agent of the insurer, InsuranceNewsNet.com reports.
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