Posted On: February 1, 2007, 9:49 am CST

Posted By: DDT

Where does it stop... The problem is that the state should have never dabbled with the insurance carriers.

Let's face it, insurance companies are in this game to make money. The more competition, the price conscious the carriers have to be and the lower the premiums.

When you have the state refuse carriers to get adequate rates to cover the exposure, carriers begin to leave the state. When that happens the state gets concerned and begins to try to further restrict carriers from leaving and dropping their current insured's. Who now have fewer choices and with fewer choices… higher prices.

Now those carriers want our and have to find other ways to get out of the state… Thus required coverage increases, dwelling inspections, etc.

Trust me, this will be a continuing spiral until the state gets out of trying to legislate what the carriers should do. When that happens, carriers will again be able to make money and competition will return. Until then it really doesn't matter what Crist or anyone else does…