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Consumer advocate looks at insurance.
Jan. 14--LAKELAND -- State legislators begin a seven-day special session Tuesday as they attempt to deal with Florida's escalating insurance rates.
Some of the proposals to be discussed include freezing rates for Citizens Property -- the state's insurer of last resort -- customers for one year and allowing carriers to buy state-subsidized reinsurance if they pass on savings to customers and cut rates.
Other ideas would repeal impending rate increases for Citizens customers or allow those customers to make their payments on an installment plan.
The Ledger spoke to J. Robert Hunter about the various issues surrounding the insurance debate.
Hunter is the insurance director for the Consumer Federation of America, a nonprofit consumer advocacy group based in Washington. He formerly served in government as a federal insurance administrator and as the state insurance commissioner of Texas.
QUESTION: State leaders say much of Florida's property insurance crisis co uld be solved if the…
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...thinking of coming here. And Florida has to attract more insurers if it's going to recover from...that it is discouraging other insurers from coming to Florida. That's because Florida's private insurers are expected to pay the JUA...
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- Newspaper article from: Knight Ridder/Tribune Business News Stieghorst, Tom September 25, 1998 700+ words
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Source: HighBeam Research, Consumer advocate looks at insurance.
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