Proposal For DeRegulation Of Florida’s Property Insurance Rates
Legislature's Property Insurance Deregulation bill is being debated though the Florida state governor Charlie Crist is not in favor of such a bill. Last year the governor vetoed the bill as it was proposing for complete deregulation of the major property insurance companies in Florida. This year the revised bill seems to ask for 5% increase in the first year, 10% increase in the second year and 15% increase thereafter with no regulation whatsoever. This is deregulation in disguise. The ar