Capitol to Courthouse Florida Insurance Report: Wednesday, October 7, 2015
Oct 7, 2015
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Daily Florida Insurance-Related Events
There are no insurance-related events scheduled for today.
Daily Florida Insurance-Related News
Florida Massage Therapist Arrested for PIP Fraud Against Multiple Insurers
The Department of Financial Services’ Division of Insurance Fraud announced the arrest of a massage therapist for his involvement in the alleged billing of more than $40,000 to multiple insurance companies for the treatment of fake injuries following a series of staged car accidents in an attempt to fraudulently collect personal injury protection insurance payments for profit, Insurance Journal reports.
Florida Senate panels vote to trim business taxes
With the backing of a variety of business groups, two Senate committees Tuesday approved bills that would reduce taxes on commercial leases and corporate income. THE NEWS SERVICE OF FLORIDA reports via the Orlando Sentinel.
Florida House panel OKs open carry of guns
Floridians with concealed-handgun permits would be able to display their weapons openly, under a measure that cleared its first House committee Tuesday. THE NEWS SERVICE OF FLORIDA’s Jim Turner reports via the Orlando Sentinel.
Citing fraud “crisis,” Scott’s jobs guru wants to create police unit
Governor Rick Scott’s jobs guru, Jesse Panuccio, wants more money from the Legislature to create a police unit in his Department of Economic Opportunity to fight what he calls a “crisis” in unemployment assistance fraud in Florida. The Tampa Bay Times’ Steve Bousquet reports via “The Buzz” blog.
Brevard Judge Suspended After Scuffle
In a rare move, the Florida Supreme Court on Tuesday immediately suspended a Brevard County judge who interrupted court proceedings last year to scuffle with an assistant public defender, the Tampa Bay Times’ Steve Bousquet reports via “The Buzz” blog.
Aging State buildings could lead to Tallahassee facelift
With an aging state-owned real estate portfolio, Governor Rick Scott’s administration is in the initial stages of setting a blueprint for how Florida should handle infrastructure needs moving forward, one that could drastically alter a downtown Tallahassee landscape largely defined by state agency headquarters. Matt Dixon reports for PoliticoFlorida.com.
Florida House Speaker Steve Crisafulli: Future of space bright in Brevard
Governor Rick Scott, Space Florida, Enterprise Florida, the Brevard County Commission and the Economic Development Commission of the Space Coast are committed to maintaining state’s leadership in space, Florida House Speaker Steve Crisafulli writes in FloridaToday.com.
Delaware Bans Use of Price Optimization in Insurance Pricing
The Delaware Department of Insurance said in its Bulletin No. 78 on October 1 that “while price optimization has no universally accepted deï¬nition, it generally refers to an insurer’s practice of varying rates based on factors other than the risk of loss” in order to charge each insured the highest price that they will tolerate without shopping for alternative coverage, Insurance Journal reports.
Captive reinsurance measures not enough, Federal Insurance Office says
The Federal Insurance Office has criticized state insurance regulators for not doing enough to address ongoing concerns about captive reinsurance, the Captive Insurance Times reports.
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