Florida Sen. Fasano Plans Rally Against Sinkhole Insurance Rates

August 5, 2011

State Sen. Mike Fasano is rallying Florida policyholders to join him in front of the Pasco County Government Center next Tuesday in a sign-waving protest of the proposed sinkhole rate increases sought by Citizens Property Insurance Corp.

Fasano is a New Port Richey Republican and outspoken critic of a Senate bill that passed earlier this year allowing Citizens to take any cap off sinkhole rates. He chose Pasco County for the protest since it has been ground zero for much of the recent sinkhole activity.

Citizens’ board last week said it is seeking rate increases on sinkhole policies by 30 or 40 times in some cases.

Former Insurance Consumer Advocate Sean Shaw is also participating in the protest scheduled between 4 p.m. and 6 .m. on Tuesday.

Topics Florida

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Latest Comments

  • August 14, 2011 at 10:11 am
    Adjuster says:
    Fasano and others argues most sinkhole claims are denied. What they dont tell you is the plaintiff attorney then pays an engineer to find sinkhole, sometimes without even doin... read more
  • August 6, 2011 at 1:15 am
    spike says:
    Fasano and politicians like him are the cause of all of Florida's problems. The only reason the rate increases are so high is because they forced them to be so low in the fir... read more
  • August 5, 2011 at 9:17 pm
    Temblor says:
    There is only one solution: Fasano should be demonstrating against the excessive pumping of groundwater, THAT'S what causes sinkholes, not insurance cos. But of course that wo... read more

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