Posted On: August 3, 2006, 1:11 pm CDT

Posted By: GOPer

More market interference by state government. Sounds like Jeb has lost his free-market backbone in an election year. Fact: Poe was created in response to government incentives in the form of JUA take-out "bounties" created by the Legislature. That's 280,000+ happy customers courtesy of state government. Fact: The four largest carriers in Florida were not allowed to charge enough premium -- State Farm and Allstate had to recapitalize their pups after 2004 season, Citizens ran something like a $2.2 billion deficit over 2004-05, and Poe is dead and gone. Now, there's a track record that makes insurance companies want to invest in Florida. Fact: Until the state stops interfering with the market, this state will be a mess.