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The million dollar Insurance Commissioner question

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About a month ago, when FloridaPolitics.com offered “The Good, the Bad and the Interesting” of the applicants for the next Insurance Commissioner, we highlighted the legal requirements for the job. They’re high … on purpose. HB 3, passed in Special Session E in 2002, implemented a 1998 constitutional amendment that merged the jobs of Comptroller and Treasurer into the Chief Financial Officer position, shrinking the number of statewide elected officials serving on the Cabinet. The Offices of Financial Regulation and…

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Rick Scott, Cabinet make no decision on next Insurance Commissioner

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With no clear winner between finalists Jeffrey Bragg and Bill Hager, Gov. Rick Scott and the Florida Cabinet on Tuesday decided to keep taking applications for state Insurance Commissioner. Scott, Attorney General Pam Bondi, Chief Financial Officer Jeff Atwater and Agriculture Commissioner Adam Putnam agreed to extend the deadline to April 15; the next Cabinet meeting is April 26. Scott and Atwater, however, first must agree on one candidate under state law. The Office of Insurance Regulation is in the Department of…

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Sine die and deadline to apply for Insurance Commissioner job both Friday

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March 11 is not only the final day of the 2016 Legislative Session, but it’s also the last day to apply for state Insurance Commissioner. As of Friday morning, 47 people had applied for the position, but none were “marquee” names. For instance, former state Rep. Tom Grady previously told FloridaPolitics.com he wasn’t interested in the job. He and others were rumored to be on Gov. Rick Scott‘s short list.  The Naples Republican is a friend of Scott and a former Commissioner of…

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Only 2 applicants clear Insurance Commissioner pre-screening

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Only two of the 25 applicants aiming to replace outgoing Insurance Commissioner Kevin McCarty answered ‘yes’ to the state’s two pre-screening qualifying questions as of Monday. Kirk Schmidt, of Jefferson City, Missouri, is president and CFO of an insurance company after having been Chief Financial Examiner for the Missouri Department of Insurance, he said in his application. And Jeffrey Bragg, of Palm Harbor, retired from the U.S. Department of Treasury in 2014 after serving as head of its Terrorism Risk Insurance Program. He also…

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Report: Governor’s Office eyeing Bill Hager, Tom Grady for insurance commissioner

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Outgoing Florida Insurance Commissioner Kevin McCarty may have just turned in his resignation, but Gov. Rick Scott already is leaning toward his replacement: Tom Grady, former interim president of Citizens Property Insurance Corp. Sources inside the Governor’s Office told FloridaPolitics.com that Grady, a friend of Scott’s and a fellow resident of Naples, is at the top of the list. He was a one-term member of the Florida House of Representatives in 2008-10 before a stint as  Commissioner of Financial Regulation, the…

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Jeff Brandes proposes homestead exemptions to military widows new to Florida

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State Sen. Jeff Brandes filed a bill Tuesday that would allow spouses of now-deceased veterans moving to Florida from other states to receive the Florida veteran homestead exemption. Currently, those individuals cannot take advantage of the exemption. Senate Bill 804 would change that. “As a combat veteran I have seen firsthand the incredible sacrifice spouses make when their husband or wife is deployed overseas,” Brandes said. “Extending this property tax benefit to surviving spouses is a small acknowledgment of those sacrifices…

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House-Senate divide was on display at Florida Chamber session preview

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The Florida Chamber‘s Annual Insurance Summit wrapped up Wednesday morning in Orlando with a group of Florida lawmakers peering into their crystal balls ahead of next year’s Legislative Session, set to start in January. The Chamber program listed participants as “members of the Florida Senate and Florida House of Representatives,” but of the four panelists – Republicans John Wood, Doug Broxson and Bill Hager and Democrat Larry Lee – none was a Senate member. That proved to be more than mere coincidence as the discussion wore on.…

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