Category Archives: Insurance Crisis

Before You Go To The Polls

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Ladies and Gentlemen of Florida. Before you go to the polls on November 7th, please read this article from the Sunday Oct. 29 Florida Today. It will be quite the eye opener. If you are affected by the FL Insurance Crisis, then read this.

Did you know that while the state subsidiaries of national companies continue to cry poor in public. They hope consumers don’t find out the Insurance Information Institute says nationwide, property-casualty insurance companies last year earned a record $48.8 billion.

Did you know that at the same time Republican candidate for governor Charlie Crist attacks insurance companies in public, he’s accepting checks from them — $763,507 worth by Oct. 6 alone.

In contrast, Davis has taken $74,450.

Why have the insurance companies given Crist more money than any other candidate in the Nov. 7 election?

And why have they given Republican CFO candidate Tom Lee the second-largest amount, at $364,000?

The Republican Party got $4.5 million from the insurance lobby by the end of August; the Democrats, $860,897.

If the lowering of your insurance rates and increasing your coverage and service are important to you then consider the following:

For governor, Democratic U.S. Rep. Jim Davis of Tampa, because he has a well thought out, consumer-friendly insurance plan that would demand premium cuts, and the mettle to make it happen.

And for Chief Financial Officer, a position with a major influence on insurance, Democrat Alex Sink. She has spent 26 years in banking, seven as head of Bank of America-Florida, and offers solid proposals to stand up for the public.

Increase in Insurance Costs Cause a Rethinking of Budget

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Is the current Florida Insurance Crisis causing you to have to rethink your entire budget? Are you concerned that a increase of 50%, 75%, or even 100+% in your homeowners insurance is too much for your budget to handle? Many Floridians are seeing these kinds of increases in their insurance costs and are looking at home equity and home mortgage refinancing as a option to lower costs or acquire extra money to add to the budget to get them through this crisis.

If you are considering a mortgage refinance, consider one of the many available networks that shop your loan for the best offers. You will save costs and will have a great new mortgage that will save your money over the long haul. Give it at try.


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Watch Your Paper For A Multimedia Look at Insurance Crisis

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After months of collaboration, Gannett news outlets across Florida will soon share their findings in a four-day special report on our state’s insurance crisis, using several media platforms to tell the story.

Look for the project this upcoming October 26th – 29th, Thursday through Sunday, in the many Florida Gannett newspapers and media outlets. Some of these papers include the Tallahassee Democrat, Florida Today in Brevard County, The News-Press in Fort Myers, the Pensacola News-Journal, and more.

An overview of what is happening in Florida and implications for other hurricane-prone states is planned by USA Today, and pieces of the project will also appear on Gannett television stations in Tampa and Jacksonville.

Chats, forums, polls and poll results, video, audio and other Web-specific content will appear on our Internet sites, including Tallahassee.com, beginning Thursday.

It should make for an interesting read and we will post a link to it once it is available online.