Tag Archives: insurance reform

Florida gets and F in insurance reform

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According to a study conducted in collaboration with the James Madison Institute, the Competitive Enterprise Institute and Heartland Institute, Florida gets an ‘F’ grade on a national insurance report card based on a study outlining the state’s insurance ills.

The state earned the dismal rating – the lowest possible – after a national study compared the insurance environments in all 50 states and the District of Columbia. Only four other states fared as bad.

Fla. Rep. Dennis Ross, R-Lakeland, and Fla. Rep. Don Brown, R-DeFuniak Springs, fittingly unveiled the report card midday on Monday in Tallahassee while Florida senators grilled insurance executives in another wing of the capitol complex.

Read More about this article here.

Alex Sink Already Fighting for the Florida Citizens

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CFO-elect Alex Sink gave the first glimpse of her own insurance agenda at a House conference this morning.

The banking executive drew applause from the room of representatives by suggesting insurance companies need to state up front what they’ll give back to consumers in exchange for their own demands.

“We can’t keep giving favors to insurance companies and have them stick our nose in it 10 days after the bill is passed,” Sink said, referring to State Farms’ rate hike filing on the heels of favorable insurance reform legislation last spring.

“It can’t be a one-way street any longer.”

The entire article can be read at Florida Today.