Florida Lawmakers on both sides and in both houses want a 10% cap in rates, but in Florida, that has never happened. The reinspections by Citizens Insurance and other carriers in Fort Lauderdale and all over Florida  have caused rates to rise 50-100% for many. The other carriers have also raised rates and unless the rates are kept close, Citizens will get all the business which is not wanted by anyone. Governor Rick Scott tried appointing a new Citizens Insurance board president  in 2011 who was a personal friend and neighbor of his  as well. This did not go well politically and now he was fired in June and another new Board Chair has been chosen. This is not  a battle that anyone wanted during this election year as all incumbents will suffer for votes they made or will have to make, but next year this will be a huge issue again. This is why Governor Scott did not ask anyone in Talahassee to change the laws as he was trying to do it non legislatively. Seeing this as a way to make some headlines, now come the outcries that 10% caps are the max and it would be unlawful to think otherwise from Senator Fasano and a few other’s. Good luck to that and thanks for this article form the Saint Augustine Record. Please call L & S Insurance for all of you quotes at 1-888-244-7400 for Home, Auto, Flood, Business & Commercial, and even Life Insurance quotes.

http://staugustine.com/news/local-news/2012-08-13/legislature-turns-blind-eye-property-reform-0