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Florida Farm Bureau to Attend Public Hearing after Rate Hike Request

Southeast News • July 29, 2008
In its rate filing of June 20, Florida Farm Bureau requested a statewide average increase of 28.4 percent for its homeowners line of business. The Florida Office of Insurance Regulation announced ...

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Subject: Where will Charlie be...

Posted On: July 30, 2008, 1:12 pm CDT
Posted By: AnObserver
Comment:
...they'll be long gone when we have the same years like 2004/2005 and not only Farm Bureau but many (if not all) of the insurance carriers go broke because Politics dictated the rates, not sound actuarial judgement.
Rates need to stay in line with the cost of paying claims, and since even in the depressed economy, the construction cost in the state are terribly high.
So, let's hope we don't have another bad year because they'll blame Farm Bureau and others when they go broke and can't pay thier claims...but who are they going to blame when the State has to assess everyone for Citizens going broke???
But the good news is that Charlie has made a good name for himself politicing witout any regard for taking care of this state...IMHO
Subject Posted By Posted On
RE: Where will Charlie be... AD
Aug 1, 2008, 8:08 am
Where will Charlie be... AnObserver
Jul 30, 2008, 1:12 pm
Good Luck Mr. Solvent
Jul 30, 2008, 9:44 am
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