Reinsurance bad deal for Florida homeowners

On Tuesday, executives from the Florida Hurricane Catastrophe Fund recommended to the state Board of Administration, consisting of Gov. Rick Scott, Chief Financial Officer Jeff Atwater and Attorney General Pam Bondi, that they approve the purchase of billions of dollars of reinsurance from the private market. I believe the proposed risk transfer is a violation…

Kevin McCarty, Florida Consumers’ Insurance Commissioner to Receive FAIR Award (Press Release)

FORT LAUDERDALE, FL – Since Kevin McCarty’s appointment as the first non-elected insurance commissioner for the state of Florida, he has been a champion for consumers. Today the Florida Association for Insurance Reform (FAIR) has announced that they will award Commissioner McCarty with a Lifetime Achievement Award for his 27 years of public service. “Kevin…

FAIR Honors Locke Burt’s Leadership in Developing Solutions that Improve Florida’s Home Insurance Market

Consumer Advocacy Group Presents Security First Insurance Chairman and President with Lifetime Achievement Award Tampa, Fla. (September 17, 2014) – The looming and ever-present potential for catastrophic weather. A challenging regulatory environment. Premium affordability. These challenges, in addition to a diverse and vocal group of constituencies, have caused Florida to become one of the most…