Division of Insurance offers new online insurance guide
for consumers, including types of insurance, comparisons of
benefits and premiums offered by carriers and number of
complaints against companies.
Marjorie Renee Hill named judge of compensation claims.
She has served as director of the First District Court of
Appeal’s Workers Compensation Unit since July of 2008 and
succeeds Judge John Thurman, who retired. >> Sen. Bill
Nelson, D-Fla., says he’ll introduce legislation for
federally backed loans by the private sector to Florida’s
Hurricane Catastrophe Fund. This is an alternative to either an
outright federal bailout or state bankruptcy when the next
major hurricane strikes the state.
SB 155 proposes to change workers comp law to allow
employee choice of physician care for workers injured on the
job. Objections are that employer-chosen doctors specialize in
occupational injuries and illnesses as well as return-to-work
diagnoses and that employee-chosen doctors might not be as
qualified in the field. >> A wrongful death bill, HF 758,
has passed the state House. It broadens liability in wrongful
death cases to include “loss of enjoyment of life”
Commissioner Ken Ross denies rate increases for seven
auto insurers because of their use of credit scoring. Says
he’ll reject any filings that use it. State Supreme Court
has yet to rule on validity of credit scoring. Gov. Jennifer
Granholm had already called for a voluntary freeze on auto rate
hikes. She says she will use whatever means at her disposal to
stop increases if insurers don’t comply with the
“voluntary” action. Critics argue that the majority
(60%) of policyholders benefit from credit-based pricing.
Gov. Haley Barbour signs law enacting state’s
membership in the Interstate Insurance Product Regulation
Committee’s Interstate Compact.
Passes law allowing state-licensed captives to write
surety and marine. Maximum premium tax remains at $100,000 per
year. Prorated schedule now available for the first year a
captive operates in the state. The law gives the insurance
commissioner authority to waive the risk-based capital report
for risk retention groups (RRGs) less than two years old and to
approve up to 20% of admitted assets in rated credit
instruments in any one investment that meets certain
requirements for RRGs with less than $5 million in total
admitted assets. A captive may now also be formed with one
organizer, down from the previously required three.
Supt. Dinallo signs memorandum of understanding with
the Monetary Authority of Macau, agreeing on general
coordination of insurance regulatory activities, such as
exchanging information, taking testimony and conducting
Commissioner Holland angry about ongoing backlog of
more than 200,000 unpaid health insurance claims for state
workers. Electronic Data Systems (EDS) contracted to provide
third party claims services, but its payment system missed its
up-and-running date by a month and EDS hasn’t been able
to eliminate the backlog. Holland says she’s
“pretty much run out of patience.” Some providers
are refusing to honor the state workers’ insurance plan.
EDS faces mandatory penalties of 10% simple interest on claims
older than 45 days.
Proposes changes to state’s workers comp medical
fee schedules, increasing overall payments to medical service
providers and resulting in cost increases for insurers.
Included in the proposals are billing requirements,
compensability rules, and payment guidelines for providers. For
detailed information on the proposal, visit
Commissioner Joel Ario approves first-of-its-kind
insurance discount for homeowners who insure with Donegal
Insurance and use solar energy or geothermal heat pumps.