Florida Governor To Veto The Property Insurance Deregulation bill
Charlie Crist the Flordian Governor has reiterated his stand against the Property Insurance Deregulation bill for hiking the Home Insurance rates. Crist said he would veto any such move for rate hike. It should be noted that Crist has vetoed a similar bill last year.
Through Crist is fighting his own party members supporting the bill, Crist holds his ground no matter what. Last week former Governor Jeb Bush was critical of the opposition to the bill and pointed out that several Florida Home Insurers could go bankrupt if the bill is not passed.
For the moment Floridans can bank on Crist and would be free of the home insurance rate hike.