Fla. Insurance Commissioner Promotes National CAT Plan to House Committee

June 28, 2006
  • June 29, 2006 at 12:43 pm
    beach bum says:
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    Gee,

    I hope this goes through! I think it\’s great to have people that don\’t live on the water or near coastlines paying for something to help keep my cost down. It\’s getting pretty expensive to insure my home on the water

    I also think it\’s great that since Florida makes sure that my rates are not actuarly sound then they have no free market capacity. This means we can have the Government step in. They always do such a great and efficient job.

    I also hope that creating this act helps out some of our great regulators such as Gallager and Mcarthy. They certainly have done a good job in solving this problem and deserve to hold even higher offices. Brilliance, vision and leadership should be rewarded.

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  • June 29, 2006 at 1:32 am
    Dismayed says:
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    Good Luck, Beach Bum. I couldn\’t agree with you more, but I made similar comments on a previous article and had my head handed to me !! I don\’t think we need another \”national\” plan administered by the Federal Government.Any \”national \” plan, cat funds, and other fees, by any name are going to become nothing more than another tax. Besides, this \”national \” plan is for Florida. Although other states, have catastrophic issues, not like Florida.

    Gallegar should be indicted. He is as much the problem as anything else.

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