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;
April 8, 2010
Governor Christ vows to veto the Insurance bill?
Posted by homeinsuranceguru under Edison Insurance, Hurricane Updates, Magnolia Insurance, Northern Capitol | Tags: Citizens, Florida, Home, Homeowners, Hurricane, Insurance, policy |[3] Comments
April 9, 2010 at 9:02 am
Thank you so much for your blog…
April 10, 2010 at 12:01 am
I rarly comment on blogs but I really like yours.Its hard to find good bloggers these days … everyone seems to be doing it for the $$:(
April 16, 2010 at 8:07 pm
I thought it was going to be some boring old post, but it really compensated for my time. I will post a link to this page on my blog. I am sure my visitors will find that very useful.