TITLE

Florida Lawmakers Shift Thinking, Pass Bills to Face Cat Risk

AUTHOR(S)
Hemenway, Chad
PUB. DATE
June 2009
SOURCE
Best's Review;Jun2009, Vol. 110 Issue 2, p16
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the move of lawmakers in Florida to pass legislations which aimed at bolstering the financial condition of the region. It mentions that Governor Charlie Crist is expected to sign House Bill (HB) 1495, which enables Citizens to raise rates by up to 10% per policy starting in 2010 and HB 1171, which allows capitalized insurers to sell homeowners and condominium policies without the need for approval from the Office of Insurance Regulation.
ACCESSION #
42430691

 

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