Florida Citizens Proceeds with Bid for 400% Sinkhole Rate Hike

By | July 28, 2011

  • July 28, 2011 at 1:32 pm
    FLagent/insured says:
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    Here’s what I’d like to know, does Mike Fasano know that most people insured with standard carriers dont have the option to purchase sinkhole coverage? Does he also know that everyone is picking up the tab for Citizens shortfalls in the form of assessments to our auto, umbrella etc policies? Sometimes I just really wonder if he understands the law of economics….what goes out must come in first…you can pay with money you dont have.

    • July 28, 2011 at 4:23 pm
      Hillsborough agent says:
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      I sponsored a breakfast for mortgage brokers where Fasano spoke. Wasn’t real impressed with the guy. Comes across as a typical blowhard politician. Lots of bitching and whining. No solutions.

    • August 1, 2011 at 12:47 pm
      Bill says:
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      Sen. Fasano is one of the least conservative Republicans I have ever read about.

  • July 28, 2011 at 1:42 pm
    Warren says:
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    OBSCENE!!!

  • July 28, 2011 at 4:05 pm
    SMART AGENT says:
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    I totally agree with you. Fasano is always against the insurance industry in Florida even if the nexessary steps are being taken. i don’t see Fasano having a campaign against public adjusters which is how we got in this entire mess anyway. People are all ready complaining that Citizens it too expensive but they are 15% to 25% less expensive then other company who aren’t eben offering sinkhole coverage. Heck, Citizens was supposed to be resolved by 2005 and now look what kinda mess they are in

  • July 28, 2011 at 4:41 pm
    Hillsborough agent says:
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    How bout a poll? How many think there is even a .000001% chance the OIR will approve this?

    I don’t. they might faze it in, but no way they implement it as written.

  • August 1, 2011 at 12:48 pm
    Bill says:
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    Sen. Fasano is one of the least conservative Republicans I’ve ever read about.



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