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Wednesday, June 08, 2011
FLORIDA CFO WANTS YOUR FEEDBACK
ON IMPROVING THE FLORIDA
HOME INSURANCE MARKET
With the 2011 hurricane season now underway, I am hopeful that we will continue the good fortune we have experienced for the past five years.
The past two legislative sessions have shown the delicate balance needed to attract the private insurance industry back to Florida while ensuring fair and equitable rates for Floridians. These legislative reforms should signal to the insurance industry that Florida is open, competitive and ready for their business.
Attached are two recent articles regarding the need for further discussion and reforms surrounding the Florida Hurricane Catastrophe Fund and Citizens Property Insurance Company. I found them to be thought-provoking and worthy of discussion.
I look forward to your feedback on these articles and any other insurance-related topics. It is an honor to serve as your Chief Financial Officer.
Florida's Chief Financial Officer