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democratic response to florida insurance crisis
Old 07-03-2006, 02:35 PM   #1
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During the recent legislative session, the Legislature could have changed the tide and adopted an approach that would have led to a stabilized market and lower premiums.* Instead, they sided against homeowners and* with* insurance companies.* The legislation that passed guarantees increased* premiums* for homeowners* and it allows insurance companies to raise rates without* proper* justification. Worse, the legislation does not bring stability to Florida’s insurance market. At the end of the day, the Legislature* assured you pay more, much more, while insurance companies profit more.
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