Southeast News
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Fla. Governor: Some Insurance Rate Filings Will Likely be Rejected
Southeast News • October 4, 2007
Despite a Florida law passed in January that officials promised would lower property insurance rates, many companies this week have requested to raise rates. Gov. Charlie Crist said, however, that ...
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| Subject | Posted By | Posted On |
|---|---|---|
| RE: RE: Rate Increases | Nobody Important | Oct 8, 2007, 12:23 pm |
| RE: Rate Increases | Dick | Oct 8, 2007, 8:09 am |
| Sounds like a virgin at prom... | Anon | Oct 5, 2007, 7:53 am |
| TO ON THE FENCE | Joe | Oct 5, 2007, 7:07 am |
| RE: RE: Baloney | rick | Oct 4, 2007, 8:14 pm |
| RE: Rate Increases | lastbat | Oct 4, 2007, 6:15 pm |
| Rate Increases | On The Fence | Oct 4, 2007, 3:11 pm |
| Ba*lo*ney | Funknwagnells | Oct 4, 2007, 12:49 pm |
| RE: Baloney | Merriam-Webster | Oct 4, 2007, 10:39 am |
| Baloney | Nobody Important | Oct 4, 2007, 10:07 am |
| Back to article | ||
Subject: RE: Rate Increases
They all cry about not having enough premium, fail to provide a market, ans count their money all the way to the bank.
The $7,000 HO premium would be down to $1,500, where it should be, and all the "hurricane " premium could be held in a fund.
For thos e that say the citizens of Fl would be at such great risk, I say, what do we have now? If the cummulative funds were exhausted, a temporary sales tax could be put on to pay any excess.
Lets really see how much of the current premiums is really a huge profit that the industry doesn't want to lose. If it wasn't, why do they cry so much if the state wants to assume more risk?
If the rates were so inadequate, why would they care if the state takes over?