Posted On: May 20, 2008, 9:27 am CDT

Posted By: Robin

I think it is absolutely ridiculous for Floridians/Businesses to be forced to pay for claims of insurance companies (such as Poe). How did they receive their rating unless they had cash reserves on hand? You have all of these high paid Corporate Officers making loads of money and we have to pay for the shortfall?
We also have to pay for the shortfall of the state fund.
I agree, the state needs to restructure their budgeting to make sure they have enough. What happened to all the money the insurance companies were making on premiums for the 20 years prior to 2005 when we didn't have recurring hurricanes?
In my opinion, the state needs to issue one flat tax for everything. No more surcharges and taxes for each thing. One tax amount which needs to include everything (including healthcare) and then leave the people and the money they make alone. The $ is taxed when you make it, it is taxed when you put it in the bank, it is taxed when you spend it, and it is taxed and surcharged when you pay bills with it. It is so ridiculous. Our government needs to really restructure many many things.