Capitol to Courthouse Florida Insurance Report: Wednesday, September 14
Sep 14, 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
9:30 a.m.–United States Senate Committee on Banking, Housing and Urban Affairs – Subcommittee on Securities, Insurance and Investment Hearing: Emerging Issues in Insurance Regulation. A Webcast will be available. To view the hearing notice, click here.
Citizens Blast Citizens Property Insurance Rate Hike Proposal
After getting deluged by angry residents and lawmakers on Tuesday in Tampa, state insurance regulators have less than a week to decide on the requested spike in sinkhole rates for Citizens Property Insurance Corp.
Angry homeowners give insurance regulators an earful
Hundreds of angry homeowners gave insurance regulators an earful Tuesday night.
Citizens Property Insurance policyholders jeer rate hikes
After unsuccessfully fighting a property insurance bill that led state-run Citizens Property Insurance to propose massive increases for its sinkhole policies, state Senator Mike Fasano received a standing ovation and thunderous applause at a hearing Tuesday.
Damaged Sarasota tower’s units scooped up
A pair of investment groups have snapped up nine units in troubled Dolphin Tower downtown, a bet by bargain hunters that the structural problems at the downtown condominium can be fixed more cheaply than estimated.
Why wait? State asks for Medicaid extension two days before waiver expires
Acting Medicaid Director Justin Senior sends a letter to the Centers for Medicare and Medicaid Services asking them to extend Florida’s sweeping Medicaid 1115 waiver for a fifth time.
Official says state health care exchanges will start on time, Florida stays behind
Donald Berwick, the administrator for the Centers for Medicare and Medicaid Services, told reporters yesterday that the agency has the funds necessary to move forward with the Obama administration’s plans to create state health care insurance exchanges throughout the country.
Medicaid HMO report offers warnings for Florida
Florida, like 46 other states, is turning toward private HMOs to try to cover poor patients covered by its Medicaid program in a less-costly way.
Florida’s number of uninsured grew by more than 1 million over last decade
New U.S. Census data shows that number of Floridians in poverty and without health insurance is growing.
Federal government to allow Florida less stringent water standards
Despite complaints by environmental groups that it will lead to more pollution, the U.S. Environmental Protection Agency has approved Florida’s request to change state standards for its waterways so they aren’t as stringent.
Florida House speaker backs early primaries
Now that Arizona has broken the rules in setting its presidential primary, Florida is getting ready to follow suit.
Republican Party of Florida officials’ depositions add insight in case against ex-chairman Jim Greer
The state senator who succeeded Jim Greer as head of the Republican Party of Florida signed a severance agreement that promised the disgraced party chairman tens of thousands of dollars.
State-owned toll roads set to get pricier
Motorists should prepare to fork over an extra quarter for tolls on most Florida thoroughfares, including Alligator Alley.
Governor Rick Scott appoints Mosaic executive to Industrial and Phosphate Research Institute
Governor Rick Scott today appointed Michael A. Daigle, director of operations planning at Mosaic Fertilizer, to the Florida Industrial and Phosphate Research Institute.
Farmton a ‘planning travesty,’ former state growth chief says in hearing
Tom Pelham testifies in challenge of development in rural Volusia, Brevard counties
The former head of Florida’s growth-management agency testified Tuesday that the proposed city of Farmton would be “a planning travesty” if allowed to move forward because it would bring as many as 23,000 homes to a remote, environmentally sensitive area.
As Internet cafes spread, bans considered; owners say they’re just offering ‘sweepstakes’
At struggling shopping centers in Palm Beach County and across Florida, a new type of tenant is promising a way for customers to relax, check their email and maybe win a few bucks.
New NCCI Report Focuses on Workers’ Compensation Prescriptions
The National Council on Compensation Insurance has released its annual look at prescription drug prices and workers’ compensation.
RMS Estimates Irene Insured Losses At Up to $5.5 Billion
Hurricane Irene caused between $2.5 billion and $5.5 billion in insured losses in the United States and the Caribbean, excluding flood claims that fall under federal insurance programs, catastrophe modeling company RMS said Monday.
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