Southeast News
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Fla. Gov. Crist Persuades Cabinet to Block Insurers' Exit
Southeast News • February 1, 2007
In a forceful rebuke to insurance companies, Gov. Charlie Crist cajoled fellow Cabinet members into approving a rule Tuesday that will prevent property insurers from canceling Florida policies for ...
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| Subject | Posted By | Posted On |
|---|---|---|
| RE: YOUR AN IDIOT | Ralph B | Apr 15, 2009, 1:22 pm |
| YOUR AN IDIOT | RICH KEENE | Apr 15, 2009, 10:36 am |
| Richard.. You are an idiot! | Ralph Balamabama | Oct 24, 2008, 4:49 pm |
| State Farms Rip-Off | Richard N. Keene | Oct 28, 2007, 9:42 pm |
| How to choose best spam filter? | BloggerSam | Sep 7, 2007, 9:08 am |
| RE: Enough already!!! | MLB | Feb 8, 2007, 3:45 pm |
| Enough already!!! | Amazed | Feb 6, 2007, 10:09 pm |
| DEAR TOM | JUST FOR FUN | Feb 6, 2007, 9:26 pm |
| RE: SAW THIS LIMERICK LAST WEEK | Tom | Feb 6, 2007, 2:24 pm |
| SAW THIS LIMERICK LAST WEEK ;-) | JUST FOR FUN | Feb 6, 2007, 9:39 am |
| RE: RE: Right on Wes | Ralph Balamabama | Feb 5, 2007, 5:20 pm |
| RE: Finally, some backbone! | Wes | Feb 5, 2007, 12:42 pm |
| RE: gridlock | Mary | Feb 5, 2007, 12:13 pm |
| gridlock | ross perot | Feb 5, 2007, 10:59 am |
| Swing back, sweet pendulum...where's my lithium? | chad balaamaba | Feb 5, 2007, 10:54 am |
| The Governor's End Game | Steve | Feb 2, 2007, 7:52 pm |
| RE: One Term Governor | Mark | Feb 2, 2007, 5:05 pm |
| Why the insurance indusry and not the building industry? | Mark | Feb 2, 2007, 4:58 pm |
| RE: Anything LIke This Before | JAM | Feb 2, 2007, 3:28 pm |
| RE: Anything LIke This Before | Rich | Feb 2, 2007, 3:27 pm |
| Anything LIke This Before | Jeff | Feb 2, 2007, 3:16 pm |
| RE: Finally, some backbone! | Mark | Feb 2, 2007, 12:21 pm |
| Florida Tornados, Sinkholes, Hurricanes | Mark | Feb 2, 2007, 12:11 pm |
| RE: RE: RE: Dear Dawn | Dawn | Feb 2, 2007, 10:34 am |
| The great Exodus has begun | amazed | Feb 1, 2007, 7:55 pm |
| Cat Fund bonds downgraded | billybond | Feb 1, 2007, 7:03 pm |
| One Term Governor | Outraged! | Feb 1, 2007, 6:25 pm |
| Well put Tommy. | Ralph Balamabama | Feb 1, 2007, 5:46 pm |
| RE: RE: Dear Dawn | Tommy | Feb 1, 2007, 5:34 pm |
| Swing back, sweet pendulum | temblorSwing back, sweet pendu | Feb 1, 2007, 5:02 pm |
| The problem and solution may be simple | Rich | Feb 1, 2007, 4:25 pm |
| RE: Swing back, sweet pendulum | JAM | Feb 1, 2007, 4:21 pm |
| RE: Swing back, sweet pendulum | Rich | Feb 1, 2007, 4:17 pm |
| Dear Dani | Ralph Balamabama | Feb 1, 2007, 4:10 pm |
| Swing back, sweet pendulum | media mogul | Feb 1, 2007, 3:59 pm |
| Other Places To Live | Tom | Feb 1, 2007, 3:42 pm |
| RE: Dear Dawn | Calig Agent | Feb 1, 2007, 3:38 pm |
| Ike needs a calculator | Ralph Balamabama | Feb 1, 2007, 3:35 pm |
| RE: Dear Dawn | Dani | Feb 1, 2007, 3:26 pm |
| RE: Dear Dawn | Dawn | Feb 1, 2007, 3:10 pm |
| Finally, some backbone! | Ike | Feb 1, 2007, 3:10 pm |
| Dear Dawn | Ralph Balamabama | Feb 1, 2007, 2:59 pm |
| RE: RE: RE: RE: Florida Insurance Stupidity | Floridian | Feb 1, 2007, 2:53 pm |
| RE: RE: RE: RE: Florida Insurance Stupidity | Dawn | Feb 1, 2007, 2:49 pm |
| RE: Cat Exposure | Dawn | Feb 1, 2007, 2:39 pm |
| RE: RE: RE: Florida Insurance Stupidity | Ralph Balamabama | Feb 1, 2007, 2:29 pm |
| RE: RE: Florida Insurance Stupidity | TCF | Feb 1, 2007, 2:05 pm |
| RE: Florida Insurance Stupidity | Tom | Feb 1, 2007, 1:51 pm |
| RE: Missing the Point | Wes | Feb 1, 2007, 1:41 pm |
| Cat Exposure | Jeff | Feb 1, 2007, 1:37 pm |
| Missing the Point | InsCo | Feb 1, 2007, 1:35 pm |
| RE: Florida Insurance Stupidity | Petrie | Feb 1, 2007, 1:31 pm |
| RE: RE: RE: RE: RE: Reckless | DAWN | Feb 1, 2007, 1:21 pm |
| RE: RE: RE: RE: Reckless | Lee | Feb 1, 2007, 1:07 pm |
| Florida Insurance Stupidity | JAM | Feb 1, 2007, 1:06 pm |
| RE: RE: RE: Reckless | TM | Feb 1, 2007, 12:07 pm |
| RE: RE: Reckless | DDT | Feb 1, 2007, 9:49 am |
| RE: Reckless | TM | Feb 1, 2007, 9:03 am |
| RE: Reckless | Floridian | Feb 1, 2007, 8:56 am |
| Poor Florida | DDT | Feb 1, 2007, 8:13 am |
| Reckless | Mark | Feb 1, 2007, 6:45 am |
| Back to article | ||
Subject: The problem and solution may be simple
Actuarially, proof the system works is in the consistency of rates for fire, lightning, debris removal, VMM, etc.
The problem in Florida is wind, because it upsets the simple math equation into a new one: The losses of the few are shared by the few.
The only solution I see is for coastal states to solicit a federal fund (that they contribute the most to), much like that which already exists for Flood coverage.
Is it perfect? No, but it is certainly better than the alternative of driving insurers out of the state and bankrupting themselves in the process.