MIke Mayo of the Fort Laud. Sun Sentinal has hit it on the head. I do not agree with what and how he is saying it, but he is correct that no one is looking out for the consumer. The bill needs to be passed as Citizens and the Florida cat fund are 1 storm away from Bankruptcy and that is a problem, but pushing rates even higher will not only force more Homeowner issues , it will hurt the Real Estate Business in Florida which is 2nd only to Tourism. If we do not have healthy Tourism and Real Estate sales then Florida will suffer greatly. On the other hand if we do nothing then 1 hurricane hitting S. Florida will hurt the State Financially and cause a max exodus from here. Governor Scott wanted this bill and here it is, but now we have his unpopularity and a re-election soon. Could he sign and still win or will he have to veto to save his career  as a Governor for another term. All this and still more to come. Please read the full story by Mike mayo of the Fort lauderdale Sun Sentinal and sent to us by our friends at First State Insurance. Please call L & S at 1-888-244-7400  for quotes on Home, Auto, Flood, Business & Commercial, and Life Insurance as well.

 

http://www.sun-sentinel.com/news/fl-citizens-mayocol-b041413-20130413,0,5685424.column

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