Capitol to Courthouse Headliners: Friday, September 25

Sep 25, 2009

 

 

To view a complete story, click on a headline below:

 

Fla. seeks input to home inspector rules

The state Department of Business and Professional Regulation is seeking input for the July 1, 2010, implementation of licensing and regulation of mold and home inspectors.

 

Farmers Group weighs ‘pay-as-you-drive’ insurance plan in Fla.

Farmers Group plans to lower premiums by charging drivers for coverage by the mile, measuring car usage by iPhone and BlackBerry.

 

State Senator again pushes for Florida drywall task force

A state senator said Thursday he plans to file a bill that would require Florida to create a task force on Chinese drywall, saying the state has moved too slowly on the issue.

 

Letter to the Editor: Why are Florida’s insurance laws so hostile to consumers?

I am writing regarding an injustice I recently suffered when I canceled my car insurance.

 

Complaint against Florida House speaker dismissed

State House Rules Committee Chairman Bill Galvano Thursday dismissed a complaint filed by Rep. J.C. Planas, R-Miami, earlier this month alleging that House Speaker Larry Cretul broke House rules by reshuffling committees without a vote of the full chamber.

 

THE NEWS SERVICE OF FLORIDA:  Bud Chiles Mulling Cabinet Run 

With Miami Mayor Manny Diaz the latest to quash talk of his running for Chief Financial Officer, Florida Democrats may turn to an even better-known name in hopes of retaining the party’s lone Cabinet seat.

 

Florida applying open-records laws to shifting technology

A controversy about off-the-record communications between officials at a power company and state regulators are prompting another look at the state’s open-records laws and whether policies concerning the public’s right to know are keeping up with quickly changing technology.

 

Florida companies face SEC probe

The Securities and Exchange Commission is cracking down on a network of businesses that allegedly reaped about $7 million from illegal, unregistered stock sales.

 

Fla. slips 10 notches on Forbes list

Thanks to the housing bust and general economic downturn, Florida tumbled 10 notches to No. 18 on Forbes’ fourth annual ranking of the best states for business. The Sunshine State ranked No. 8 on Forbes’ 2006 list.

 

State insurance regulators back new rules for setting reserves

An assembly of state insurance regulators endorsed a new system for determining how much money life insurers must hold in reserve to cover future claims, potentially giving individual companies and regulators greater flexibility.

 

States Back Changes in Regulation of Reinsurance

State insurance regulators are throwing their weight behind a federal measure that would change the way reinsurance is regulated.

 

PCI:  Importance of reauthorizing U.S. flood insurance program

Once again, we are in the midst of hurricane season, and while we have been fortunate thus far to escape the havoc of a direct hit, we must remember at this time of year the damage that such an event can cause.

 

SatMAX Launches Hurricane Preparedness Program Aimed at $46 Billion Satellite Ground Equipment Industry

SatMAX Corporation, a leading global provider of wireless, non-line-of-sight satellite communications products and services, announced a hurricane awareness marketing push, targeting first responders and emergency preparedness centers throughout the Gulf Coast region. Fort Bend County, Texas, one of the fastest growing counties in the country, has already ordered, tested, and paid for a portable SatMAX(R) Emergency Communications System.

 

Jurors: FEMA Trailer Didn’t Expose Family to Fumes

A federal jury on Thursday rejected a New Orleans family’s claims that the government-issued trailer they lived in after Hurricane Katrina exposed them to dangerous fumes, with one juror saying the plaintiffs’ attorneys never had the ”smoking gun” that proved their case.

 

Insurers Irked As NAIC Mulls Possible Cat Model Program  

Insurance industry representatives are raising concerns about possible plans by the National Association of Insurance Commissioners to develop its own natural catastrophe models.

 

NAIC Leaves Door Open To Creating Its Own Rating Agency 

The nation’s insurance regulators after a hearing examining the flawed performance of the rating agencies they have relied on left unresolved what their next move will be.

 

Nationwide Suggests A Treasury Backed Wind-Water Policy 

Nationwide Insurance Company is proposing the creation of a government backstop for insurers willing to offer a homeowners policy for wind and flood coverage.

 

NAIC proposes bill to change reinsurer collateral rules

The National Assn. of Insurance Commissioners is seeking congressional sponsors of proposed legislation that would create a federal Reinsurance Supervision Review Board and ease collateral requirements for non-U.S. reinsurers.

 

To unsubscribe from this newsletter, please send an e-mail to ccochran@cftlaw.com.