Welcome to

Capitol News Service

Florida's Best Political Television Coverage


Visit the Lobby Tools Website


Visit Legislative IQ Website


Recent Posts



RSS Capitol News LIVE

RSS Quote of the Day

  • Jim Rohn
    "It is the set of the sails, not the direction of the wind that determines which way we will go."
  • Oswald Chambers
    "The whole point of getting things done is knowing what to leave undone."
  • Maya Angelou
    "There's a world of difference between truth and facts. Facts can obscure the truth."
  • Laura Ingalls Wilder
    "Home is the nicest word there is."

Insurance Report Card

February 4th, 2008 by flanews

A conservative think tank, the James Madison Institute, is giving Floridas Insurance market an F. Only four other states got the ranking. The grade is based on the fact that recent reforms did not lower rates but added risk to all of the states homeowners. State Representative Dennis Ross said a year of massive storms could cost every family in the state up to 16,000 dollars.

The risk that our current system imposes on Floridians has forced us upon an overwhelming financial risk and a business climate that is hostile to insurers. This dismal grade comes as no surprise, said Ross.

The ranking comes as lawmakers began grilling insurance executives on why rates have not gone down.

Posted in Business, Insurance, Politics, State News | No Comments »

Leave a Comment

Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.

copyright © 2016 by Capitol News Service | Powered by Wordpress | Hosted by LyonsHost.com