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Several high profile races in Florida were decided, or at least appeared to have been decided, on election night by close margins. At the state level, Republican Ron DeSantis looked like the winner in Governor’s race, Republican Jimmy Patronis prevailed as Chief Financial Officer, Republican Ashley Moody won to succeed Pam Bondi as Attorney General, and […]
The Florida Cabinet consists of the state’s Chief Financial Officer, Attorney General and Commissioner of Agriculture. Together with the Governor, these officers serve as the agency head for several Florida agencies including the Office of Insurance Regulation and Office of Financial Regulation. Florida is in a unique position this year because Election Day guarantees to […]
Resolutions passed by the Senate Ethics and Elections Committee would add two positions to the Florida Cabinet if they continue to advance in the current legislative session. The committee unanimously approved resolutions SJR 942 and SJR 1424, which would make the Commissioner of Education and Secretary of State elected positions that would be part of the Cabinet. […]
The Financial Services Commission (FSC), consisting of the Governor, Chief Financial Officer, Attorney General and Commissioner of Agriculture, discussed the process of finding Florida’s next Insurance Commissioner at their regularly scheduled Cabinet meeting. The FSC intends to conduct a nationwide search and agreed to potentially increase the compensation level to attract highly qualified candidates. The […]
Florida Insurance Commissioner Kevin McCarty’s announcement that he is resigning effective May 2, 2016, puts Florida in a position it has been in only once before– needing to appoint an insurance commissioner to lead the Florida Office of Insurance Regulation (OIR). McCarty is the first, and only, insurance commissioner appointed after the restructuring of the […]
The Florida Hurricane Catastrophe Fund is seeking authorization from the Trustees of the State Board of Administration to explore, negotiate and enter into a combination of risk transfer products and/or pre-event notes totaling up to $2.2 billion. The Trustees of the State Board of Administration are the Governor, Chief Financial Officer and Attorney General. The issue […]
As 2014 comes to a close, several of the issues that commanded considerable attention during the year reached their resolution and set the framework for 2015 ahead. When we all return from the holidays, the legislative committee weeks will be upon us and the 2015 legislative session will begin before we know it. However, before […]
The Governor and Cabinet serve as a collegial governing body known as the Financial Services Commission, which has rulemaking authority for the Office of Insurance Regulation. In addition, the FSC designates the insurance commissioner by a majority vote, with the Governor and Chief Financial Officer required to be on the same side. After last night’s elections, […]
U.S. District Court Judge Roger Vinson has issued a response to the Department of Justice’s most recent motion in the federal healthcare lawsuit. Judge Vinson previously ruled that the federal healthcare law is unconstitutional, but the Department of Justice filed a motion seeking to ensure implementation will continue while it appeals. Vinson criticized the Department of Justice for […]
This morning the House Subcommittee on Business and Consumer Affairs met in the House Office Building lower level to discuss gaming in Florida. The House Building was simply packed with a number of stakeholders in the mix: gaming representatives, opposition, lobbyists and bystanders. The meeting started with a general update on current gaming activities in Florida. […]
