Capitol to Courthouse Headliners: Wednesday, June 18

Jun 18, 2008

 

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Posey noted for stance on business

Florida Sen. Bill Posey is, in the eyes of the Florida Chamber of Commerce, a ‘Distinguished Advocate.’

Title firm owner had been fined

The West Palm Beach title company owner who disappeared in late May – allegedly after making free use of $2.5 million of his clients’ escrow funds – had been fined $25,000 three months earlier by state regulators who accused him of paying kickbacks in exchange for business referrals.

Bill would let patients retain right to sue nursing homes

Nursing homes should not require incoming patients to give up their right to file lawsuits if problems arise with their care, a Senate hearing was told Wednesday.

Road Rangers on the prowl for sponsors

The towing company that runs the state Road Rangers program met with potential sponsors in a push to save the program from major cuts.

Road Rangers are looking for a few good sponsors — the kind that would pay to see their logos plastered on Road Ranger trucks and caps.

Buchanan among richest in U.S. House

U.S. Rep. Vern Buchanan’s personal wealth last year ranked third among 435 House of Representatives members. One year later, he hasn’t slipped far, if at all.

State Attorney’s Office to probe Kreegel complaint

The State Attorney’s Office for the 20th Judicial Circuit has agreed to investigate an ethics complaint against Rep. Paige Kreegel that was initiated by a Lehigh Acres resident.

115,000 ex-felons in Florida regain right to vote under new law

More than 115,000 former felons who completed their sentences have had their civil rights restored since a new state rule went into effect 14 months ago, Gov. Charlie Crist said Tuesday.

Crist signs child molester, pot growing bills

Tougher penalties for repeat child molesters and indoor pot growers and property tax relief for some small businesses are among bills signed into law Tuesday by Gov. Charlie Crist.

Crist vetoes linking tolls to inflation

Gov. Charlie Crist’s veto of a transportation bill Tuesday means the Orlando-Orange County Expressway Authority won’t get the power to link tolls to the inflation rate.

EDITORIAL:  A bad three-year freebie

The state Legislature wanted to do builders a favor by freezing time. But the move is more likely to force on developers something they don’t want: the growth control measure Florida Hometown Democracy.

States jockey for biotech

Budgets may be tight and local economies may be hurting, but that hasn’t stopped some states from investing billions to recruit companies in the hottest industry around these days: biotechnology.

S&P: Pros And Cons of a U.S. Federal Natural Catastrophe Backstop

Because of a natural catastrophe’s high cost to society, some believe that the U.S. federal government should provide a program to backstop losses for natural catastrophes, said an article published by Standard & Poor’s Ratings Services.

McCain, GOP govs split over disaster fund

A congressional proposal to create a national “catastrophe fund” to help states recover from natural disasters has put Republican presidential hopeful John McCain at odds with a handful of GOP governors — including two state chief executives frequently mentioned as possible vice-presidential picks for the U.S. senator from Arizona.

VIDEO–Why Get Disaster Insurance?

Take a look at your home’s insurance policy to see what type of coverage you really need. Beverly Goodman from Smart Money magazine offers advice to Harry Smith.

Free website will allow buyers to check a vehicle’s hidden repair history

A new public database may protect American consumers, keep rolling wrecks off the highways and save lives in the process.

Insurers Plead Case For Aftermarket Parts

Seeking to stave off what it sees as a potential legal challenge to aftermarket parts, insurance industry groups called on the U.S. Patent and Trademark Office to ensure that such parts remain legal and available to consumers.

Hidden Gems Seen In Insurer Intellectual Property

For insurers and reinsurers, a reassessment of the intellectual property already in a company’s possession can provide tremendous additional value if properly accessed, according to industry experts at a conference here.

Regulators Top Insurer Beef: Slow Action On Claims

Two failures–to respond quickly to claims and to file appropriate information–are high on the list of insurer compliance misdeeds seen by regulators, according to a study.

Insurers Set Moratorium On Flood Area Policy Cancellations

An industry trade group announced yesterday that property-casualty insurers have implemented a 60-day moratorium on cancellation and nonrenewal of insurance policies for people living in flood-affected Midwest counties.

New Insurance Law Riling Residents of Storm Damaged Okla. Town

Five weeks after many of them lost their homes to a powerful tornado, Picher, Okla., residents are expressing frustration about a new state insurance law that is affecting the buyout process for residents of the polluted community.

La. Senate approves higher car insurance minimums

The Louisiana Senate agreed Tuesday to a bill that would raise auto insurance rates in 2010 for more than one million Louisiana motorists by increasing the minimum liability coverage required for drivers.

Insurance Trade Groups Defeat Delaware Nonrenewal Rule

Delaware regulators have agreed to end a three-year court battle to implement a regulation that would restrict the ability of an insurer to nonrenew a homeowner’s policy based on claims history, insurance trade groups said today.

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