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Florida — every one of us — must get out of property insurance business; allow insurers to sell across state lines

TCPalm
by Hal Valeche
March 17, 2011

The atrocious run of hurricanes we suffered through in 2004 and 2005 has been followed by an almost unnatural period of calm. Almost enough prolonged calm to make us forget about the disaster that could hit every Florida property owner and taxpayer if, God forbid, another Andrew- or Charley-like storm is in our future.

The disaster I’m talking about is the almost unlimited potential liability we all took on when Charlie “Your premiums will drop like a rock” Crist decided, for dubious reasons, that Citizens Property Insurance should become the largest property insurer in the state…

See the full story at: http://www.tcpalm.com/news/2011/mar/17/hal-valeche-florida-151-every-one-of-us-151-must/

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