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Fla. Day 2: Senate Passes 25% Rate Cut; Citizens Would Enter Commercial

Southeast News • January 18, 2007
Two days into a special legislative session, after debating 20 amendments, the Florida Senate voted to pass Senate Bill 4-A, a measure which promises an average 25 percent premium cut to ...

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Subject: 25% rate cut in FL

Posted On: January 19, 2007, 1:01 pm CST
Posted By: perplexed again
Comment:
Scot, pardon my ignorance, but why are insurers not legally able to carry forward reserves from one year to the next?

How much in reserves is enough? Who determines the required reserve amount?

What happens to the reserves from a good year if they are not able to be carried forward? Does an uneventful year as far as catastrophes go present a financial windfall for insurers?

Should the unused reserves go back to the policyholders? hmmmmmm
Subject Posted By Posted On
RE: 25% rate cut in FL Scot
Jan 22, 2007, 9:36 am
RE: RE: RE: Decrease? Increase? I have a question
Jan 19, 2007, 5:42 pm
RE: RE: Decrease? Increase? A FL year round resident
Jan 19, 2007, 3:33 pm
RE: Decrease? Increase? A FL year round resident
Jan 19, 2007, 3:26 pm
RE: Decrease? Increase? I have a question
Jan 19, 2007, 3:25 pm
Decrease? Increase? gill fin
Jan 19, 2007, 3:06 pm
25% rate cut in FL perplexed again
Jan 19, 2007, 1:01 pm
RE: 25% rate cut in FL Scot
Jan 19, 2007, 12:42 pm
RE: 25% rate cut LOL
Jan 19, 2007, 9:27 am
Anyone interested A FL year round resident
Jan 19, 2007, 9:14 am
RE: 25% rate cut Interested
Jan 19, 2007, 8:47 am
RE: anyone interested LL
Jan 18, 2007, 7:43 pm
anyone interested JR
Jan 18, 2007, 4:30 pm
affordable??? bob
Jan 18, 2007, 4:23 pm
RE: RE: Special Session Tom
Jan 18, 2007, 3:46 pm
RE: Just you wait. perplexed
Jan 18, 2007, 3:25 pm
RE: Just you wait. Tired in Florida
Jan 18, 2007, 3:20 pm
Just you wait. Iconoclast
Jan 18, 2007, 3:08 pm
RE: Special Session perplexed
Jan 18, 2007, 2:45 pm
Special Session Tom
Jan 18, 2007, 2:29 pm
25% rate cut curious
Jan 18, 2007, 2:23 pm
RE: 25% rate cut Fantasia
Jan 18, 2007, 1:49 pm
25% rate cut curious
Jan 18, 2007, 1:41 pm
did someone say E&O for the agent? Compman
Jan 18, 2007, 1:05 pm
who's in charge? bob
Jan 18, 2007, 12:55 pm
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