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Florida Farm Bureau's Proposed Rate Hike Meets Disapproval

Southeast News • August 5, 2008
Florida Insurance Commissioner Kevin McCarty said the Office of Insurance Regulation issued a notice of intent to disapprove the June 20 rate filing submitted by Florida Farm Bureau Insurance ...

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Subject: RE: RE: RE: RE: RE: PJ did you watch the testimony

Posted On: August 6, 2008, 7:35 am CDT
Posted By: wc
Comment:
Of course $$$ is the reason. Claims have to be paid, payrolls met. Insurance IS a business. Unlike most businesses, though, profits are capped. An insurance company can lose all the money (re: Poe, Vanguard, others), but can only make so much. The $63 billion profit figure is hardly exhorbitant when you consider that's for an ENTIRE industry nationwide, and includes companies that do not write in Florida at all, or do not write property insurance any where. $63 billion is barely more than what the oil companies made last quarter!!!
Subject Posted By Posted On
RE: RE: PJ can you please tell me why... PJ
Aug 13, 2008, 4:30 pm
RE: PJ can you please tell me why... AD
Aug 13, 2008, 3:24 pm
PJ can you please tell me why... Bill
Aug 6, 2008, 9:25 am
RE: RE: RE: RE: RE: PJ did you watch the testimony wc
Aug 6, 2008, 7:35 am
RE: RE: RE: RE: PJ did you watch the testimony PJ
Aug 5, 2008, 8:57 pm
RE: RE: RE: PJ did you watch the testimony WC
Aug 5, 2008, 8:49 pm
RE: RE: PJ did you watch the testimony PJ
Aug 5, 2008, 5:39 pm
RE: PJ did you watch the testimony CT
Aug 5, 2008, 5:17 pm
RE: RE: Pat is right PJ
Aug 5, 2008, 5:06 pm
RE: Pat is right CT
Aug 5, 2008, 4:56 pm
RE: RE: RE: consequences LA
Aug 5, 2008, 1:49 pm
RE: RE: consequences Pat Beranger
Aug 5, 2008, 1:24 pm
RE: consequences Pongo Twistleton
Aug 5, 2008, 1:12 pm
consequences CT
Aug 5, 2008, 12:50 pm
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