With the Lgislative session only a  few months  away and a  huge need for a Viable H0me Insurance market here in Florida, Deregulation is a big topic planned by many! Of the 73 private companies in Florida, 44 of them have underwriting losses  and sharp declines in surplus in 2009.On top of this, 12 companies have been put out of business or are under financial watch over the last 12-18 months.This is a disturbing developement since we have not had a Hurricane hit Florida since Hurricane Wilma in October over 4 years ago.Senate bill 876 and House bill 477  would eliminate rate requests and everyone could charge what they want for the Insurance they sell. Hopefully, the market place and a competitive environment would allow more Insurance companies to start writing business here in Florida. Companies like State Farm, Allstate, Nationwide and many other large comapnies may choose to re enter the marketplace. We still have lot’s of issues besides this like Mitigation Inspections and discounts, Citizens Insurance as a company of last resort  and other issues to be sure. Please read the full article below;