Southeast News
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Florida to Restart Commercial Reinsurance Pool
Southeast News • August 1, 2006
Florida officials authorized a reactivation of a reinsurance pool for commercial lines insurance to help businesses obtain insurance.
The Commercial Joint Underwriting Association (JUA is intended ...
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| Subject | Posted By | Posted On |
|---|---|---|
| RE: Another patch on a broken system | Tom's the man | Aug 8, 2006, 11:56 am |
| Another patch on a broken system | ed | Aug 8, 2006, 9:33 am |
| RE: RE: RE: Interesting | Karl | Aug 3, 2006, 1:32 pm |
| Un-Republican Act by Jeb | GOPer | Aug 3, 2006, 1:11 pm |
| RE: RE: Interesting | JD | Aug 2, 2006, 3:59 pm |
| RE: Interesting | Dawn | Aug 2, 2006, 2:58 pm |
| Interesting | Karl | Aug 2, 2006, 12:26 pm |
| Back to article | ||
Subject: RE: RE: RE: Interesting
Actually I'm anything but clueless on this situation. As a midwesterner I fully expect to end up paying a portion of the wind exposure in Florida eventually since Floridians have shown little or no qualms about charging anyone else so that they can pay less.
If you beleive that the inepet and corrupt officials in this state are ever going to allow the marketplace to charge what needs to be charged then you are the clueless one.
Floridians constently show they are some of the most poorly educated and government dependent people in the US. They take way more than there share of the budget from the treasury and are more than happy to take from through lax bankrupty protection laws and estate tax evading provisions. They are also always willing to have the US government bail them out at every "catastrophic event". They lack any sense of shame and empathy.
It's interesting that any act that might have Floridians pay for Floridas problems was able to make it through. I fully expected to end up paying for a national cat pool so that they could keep their premiums artificially low.