CORRECTION — Capitol to Courthouse Florida Insurance Report: Wednesday, December 14
Dec 14, 2011
CORRECTION: In this morning’s bulletin, the following bill was incorrectly identified as SB 1246. It is corrected below:
SB 1248 Relating to Nonrenewal of Insurance by Senator Alan Hays
SB 1248 provides specified exemptions from the requirement that an insurer must provide notification of nonrenewal to an insured. Effective Date: July 1, 2012
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- Daily Florida Insurance-Related Events
- Daily Florida Insurance-Related Bills Filed for 2012
- Daily Insurance-Related News
Daily Florida Insurance-Related Events
9:00 a.m.–Citizens Property Insurance Corporation Board of Governors meeting. Teleconference: 888-942-8686; conference code: 8419204389#. To view the meeting notice, click here.
Daily Florida Insurance-Related Bills Filed for 2012
SB 1248 Relating to Nonrenewal of Insurance by Senator Alan Hays
SB 1248 provides specified exemptions from the requirement that an insurer must provide notification of nonrenewal to an insured. Effective Date: July 1, 2012
SB 1268 Relating to Actions for Damages by Senator David Simmons
SB 1268 would repeal provisions relating to an optional settlement conference in certain tort actions. Effective Date: upon becoming a law
SB 1262 Relating to Warranty Associations by Senator Steve Oelrich
SB 1262 provides criteria for a motor vehicle service agreement company to effectuate refunds through the issuing salesperson or agent. It also provides an exception to the requirement that motor vehicle service agreement companies undergo periodic examinations. Further, SB 1262 would authorize a governmental entity, public agency, institution, person, firm or legal entity to provide property or money to the Florida Department of Financial Services to pursue unauthorized entities operating as motor vehicle service agreement companies. The Florida Office of Financial Regulation would be authorized, rather than required to examine home warranty associations. Effective Date: July 1, 2012
HB 7019 Relating to Open Government Sunset Review/Insurance Claim Data Exchange Information by the Florida House of Representatives’ Government Operations Subcommittee
HB 7019 would removes from scheduled repeal under Florida’s Open Government Sunset Review Act exemption from public records requirements for insurance claim data exchange information obtained by the Florida Department of Revenue and used for identifying parents who owe past due child support. Effective Date: October 1, 2012
Agents warn potential Citizens change could boost condo rates dramatically
Insurance agents are warning that rates could increase dramatically – more than quadrupling in some cases – for condominium owners near the beach if Florida’s state-run insurer approves a proposal today to limit hurricane coverage for buildings with many short-term rentals.
PCI Names Donovan Brown Florida Counsel and Regional Manager
An assistant to former Florida Gov. Jeb Bush has been named regional manager and counsel for the Property Casualty Insurers Association of America in the Sunshine State.
THE NEWS SERVICE OF FLORIDA: Bill filed to eliminate PIP requirement
As others wrangle over how to tweak the state’s no-fault auto insurance system, Rep. Mike Horner has a different idea, reports Michael Peltier of the News Service of Florida.
Consensus on regulating beach vehicles eludes Clearwater City Council
Proposed regulations for beach bicycles, tricycles and taxis stalled Tuesday, with the City Council seeking standards for safety but stumbling over how to enforce them.
Florida Underwriter Magazine Shuts Down
The Florida Underwriter magazine has published its last issue.
Florida House Speaker Cannon: No need to delay budget decision
Florida House Speaker Dean Cannon said Tuesday that he does not see a reason to wait until after the regularly scheduled end of the legislative session to vote on a budget. His counterparts in the Senate have said they are nervous about deciding on the budget two months ahead of schedule when the state’s still-fragile economic recovery is at a crucial stage.
Former legislator leaves top post at state health agency
Former Rep. Kim Berfield resigned from her job at the Department of Health on Tuesday. Her decision to step down comes after a previous shakeup across the agency.
Governor Rick Scott’s Open Government Chief Carolyn Timmann Stepping Down at Year’s End
Carolyn Timmann, director of open government in the executive office of Gov. Rick Scott, confirmed Monday that she will resign her $90,000-a-year post effective the first of the new year.
New mandates stall decisions on $1 billion in health care spending
The Low Income Pool Council refused to vote on recommendations for $1 billion worth of health care spending because of a push by the federal government to direct spending on $50 million worth of it.
State Representative Dorworth files bill to repeal septic tank inspection requirement
HB 999 by Rep. Chris Dorworth, R-Lake Mary, could bridge differences earlier this year between the House and Senate on repealing the inspection requirement put in place in 2010. Supporters in 2010 said an estimated 260,000 failing septic tanks need to be identified and repaired or replaced to avoid polluting springs and groundwater.
Business groups seek more changes to stem unemployment tax hike
A letter to the governor and legislative leaders asks that the per worker taxable wage base be reduced and that the time be extended to recover trust fund imbalances.
Florida group in Lowe’s flap has history of protests
The conservative group that got Lowe’s to pull its ads from a reality TV show about American Muslims has been fighting for more than two decades against gay rights, strip clubs and most anything else that offends evangelical Christians.
Florida Occupy groups organize for legislative session during statewide convention
This past weekend, Occupy Wall Street-inspired groups from all over the state came to together in Orlando to outline priorities for the upcoming state legislative session.
Governor Scott investigates panel that polices the police
Lawyers for Gov. Rick Scott are in the process of investigating “illegal appointments” to a state panel that certifies and disciplines law enforcement officers, Scott’s press secretary said Tuesday.
This PowerPoint report, presented by Robert Hartwig, president of the Insurance Information Institute, before the Alabama’s Governor’s Affordable Homeowners Insurance Commission in Montgomery, Alabama, on December 12, details the impact of catastrophe losses in Alabama on the state’s homeowners insurance market.
North Carolina Commissioner Goodwin Decreases Dwelling Fire Rates
North Carolina Insurance Wayne Goodwin has denied a request by the North Carolina Rate Bureau for a statewide average 36.1 percent for dwelling extended coveage policies and issued a rate decrease for dwelling fire policies.
Fitch Provides Solvency II Primer for U.S. Analysts
Fitch Ratings does not believe the introduction of a new regulatory regime such as Solvency II should change an insurer’s creditworthiness, but its effects on the competition, capital and management behavior could result in credit implications.
U.K. Regulator Expands Probe Into Auto Insurance Market
Britain’s Office of Fair Trading, an antitrust regulator, has expanded its investigation into the nation’s auto insurance market by including an inquiry into companies that repair and replace vehicles involved in crashes.
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