Homeowner’s in Citizens Insurance  will soon be sold off to Unregulated carriers and taken from Citizens Insurance which now has over 1.5 million policies and growing. It is clear that the Legislators in Tall.  do not want Citizens to continue to grow and they will do whatever it takes except the propor rate hikes to make this happen. Since these carriers will not be backed and guaranteed by the State of Florida FIGA fund, everyone could be at risk in a  major Hurricane  if the insurer now has to fold.The financial requirenments are harder to qualify for than in Florida oterwise, but will it be enough. This did happen at Hurricane Andrew and part of the FIGA fund being set up, was so that this never happened again. I guess our friends in Tall. change their minds as necessary to make things   happen when they need them to. Please read the full article and how this affects Fort Lauderdale and all of Florida  as this bill continues through the Florida Legislative process. Please read the full article by Julie Patel of the Fort Lauderdale Sun Sentinal. Also, please remember to call L & S for quotes for Home, Auto, Flood, Business & Commercial and even Life Insurance quotes;

http://weblogs.sun-sentinel.com/business/realestate/housekeys/blog/2011/11/bill_allowing_less_regulated_i.html

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