Jay Neal: Shifting $$$ from CAT Fund bad businessPosted on Tuesday March 25, 2014
March 23, 2014, re-published from the Sun Sentinel http://tinyurl.com/lpollpj No doubt about it: The proposed transfer of $1.5 billion in risk from the Florida Hurricane Catastrophe Fund to the private, global reinsurance market is bad business for Floridians. Property owners will be hit by higher premiums. Consumers across the state will face increased risk of
Jay Neal talking about Property Insurance in FloridaPosted on Tuesday February 25, 2014
A short video from The Sunshine State News on YouTube.
Legislative Breakfast with FAIR MembersPosted on Monday February 24, 2014
FAIR members attend a legislative breakfast with, Senator Brandes, Representative Rodrigues, realtors, and others to prepare for a day of legislative meetings to lobby for the FAIR plan: flood, FIGA, and Florida Hurricane Cat Fund reforms to strengthen our competitive private property insurance market, reduce property insurance premiums to homeowners and businesses, and lower the
State’s approach to windstorm insurance hurts consumersPosted on Tuesday March 05, 2013
BY FRANK ARTILES www.frankartiles.com This year the Legislature is considering proposals that, if passed, would give massive subsidies to the private reinsurance industry, paid for by significantly higher rates for policy holders. These unregulated, largely offshore reinsurers operate with no rate controls or consumer oversight. In stable markets, reinsurance is insurance for insurance companies, policies