Capitol to Courthouse Florida Insurance Report: Friday, June 29
Date Published: 06-29-2012
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There are no insurance-related events scheduled for today.
An order issued by the Office of Insurance Regulation allows property insurers to certify their forms are correct, speeding up the approval process.
Florida-based home insurers, which have 60 percent of the state's policies, reported a net income of nearly $78.7 million in the first quarter, up 40 percent from the first quarter of 2011, according to Florida Insurance Commissioner Kevin McCarty.
Florida's third largest property insurer is seeking a statewide average 14.9 percent increase in property rates as part of a plan to shore-up its fiscal condition while revamping the deductibles and discounts it offers to policyholders.
- Florida GOP disappointed in health law ruling, but ready to use it to block Medicaid expansion
- Blog: Court ruling now heightens focus on future of Florida's Medicaid program
- Scott to review health care ruling impact on Florida
- Video: Florida Attorney General Bondi reacts to court decision on health care
- Blog: Incoming Florida House Speaker Weatherford and House Democrats react to court ruling
- Blog: Florida Senate Democratic Leader Nan Rich says Floridians will benefit from the court ruling
- Healthcare ruling could have big impact on South Florida
- Blog: Winners and losers in the health care ruling
- Business leaders ready to continue the fight
- Former Florida Attorney General Collum: The debate has just begun
The Florida Office of Insurance Regulation will hold a public rate filing hearing request from Praetorian Insurance Co. on lender-placed insurance in Florida's Capitol on July 3.
The state and the opponents of a suspended voter registration law are moving toward a settlement in a lawsuit over the new rules, both sides said Thursday, even as a group of voters is trying to brush aside the state's legal strategy and pursue an appeal.
Florida law requires cities and counties surrounding military bases to submit by Saturday policies addressing the compatibility of surrounding land uses. State planners downplay the fact that many won't meet the deadline. The 20 military installations in Florida have an annual economic impact of $70 billion, according to state officials. Avoiding encroachment helps communities avoid having bases closed by the federal government.
One of the closest watched political contests this summer is a fight over a newly drawn minority Florida Senate seat that encompasses much of the political turf of term-limited Orlando Sen. Gary Siplin.
The Florida Innocence Commission, created to look at wrongful convictions, said lack of funding in the courts is putting defendants at risk
Lawmakers must come up with better funding for the state police's DNA lab and the overburdened court system, according to a panel created by the Florida Supreme Court to examine wrongful convictions.
Governor Rick Scott continues his push for smaller work force, pension payments
Bimini Bay Resort & Marina will partner with the Malaysian company. Construction has already begun on the casino
Genting Group's efforts to bring a casino to Miami may be uncertain, but the Malaysian company has found a way to plant its flag just a stone's throw away from South Florida.
Congress will begin the end game today on compromise legislation that will finally provide long-term certainty to the National Flood Insurance Program.
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