The Governor promised the board of Realtors that this  rate hike bill would not happen, but who is he kidding. Even if he does not sign the bill that most republicans support and former Governor Bush also support, the Insurance companies will be filing for rate hikes, that will be required to stay in business. Apparantly 80%of the Insurance companies in Florida have reported losses and only rate hikes will save them from getting worse and putting Florida into bankruptcy if a major hurricane hits us as predicted.The real question will really be, who can afford to pay these new premiums weather they pass a bill or just request it in a rate appeal. There are so many compnaies w/ issues now like  Northern Capital, Edison, Argus,Magnolia and many other’s. Please read the full story below;

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