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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: RE: RE: Decrease? Increase?

Posted On: January 19, 2007, 3:33 pm CST
Posted By: A FL year round resident
Comment:
Answer to "I have a question". OK, so how come the top players in insurance (St Paul, Travelers, Allstate, State Farm) all ended the 2005 year with record profits. Forget about FL being profitable. They made enough money to pay all those large losses due to the hurricanes and STILL made a record profit??? OK, where did that profit go? Back to the policy holders in other states? I don't thing so. Now they are talking about lowing rates in other states. I will believe that when I see it. I have worked for Insurance companies for 30 years and it takes an act of GOD and a lot of fighting to get companies to lower rates. Even in a soft market, the insurance companies fight tooth and nail to keep the premiums up. It only takes one company looking for cash flow to mess things up but believe me, I haven't worked for a carrier yet that wants to see pricing go down. We will wait and see.
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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