Let Charlie Crist's political career die

redrumloa

redrumloa

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Charlie is nothing but a snake.

Homeowners hit with higher insurance premiums
http://www.sun-sentinel.com/business/fl ... ory?page=1

Despite Crist's veto, and four relatively quiet hurricane seasons, thousands of Florida residents are experiencing similar rate hikes this year. The reason: The veto doesn't end rate increases – regulators can continue approving or rejecting rate hikes. They've ordered some insurers to lower rates, rejected some rate hikes but have approved the vast majority.

Since January 2009, the Office of Insurance Regulation approved about 140 residential insurance rate hikes, ranging from less than 1 percent to 29 percent. Some individual policy holders' bills went up more because the approved rate increase is a statewide average.

The increases were approved after many insurers argued that efforts made by the state Legislature to cut premiums in 2007 and 2008 had left them unable to keep pace with claims and other costs. Lawmakers were pressed to act after policyholders experienced huge increases in premiums – doubling and tripling in some cases – after Hurricane Wilma in 2005 and other storms.
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Charlie promised a lot of things including lower insurance rates. He likes to claim he delivered lower insurance rates, but that is a lie.

State Farm increased the premium on Cury's home in Plantation from $2,500 to $4,200 – 68 percent. "I didn't understand it because there hadn't been hurricanes in several years," he said. "I'm in the real estate business, so it hit me hard."

Gail Bierworth, of Lighthouse Point, said State Farm increased her homeowner insurance premium 83 percent, from $3,395 to $6,214, even though her home was completed in 2005 and has hurricane impact windows and other features fortifying it against storms. She said State Farm covers her home and car. She's purchased her homeowners insurance from the company for 20 years – and never filed a claim.

"I can't believe that a company can raise the premium 83 percent in one year. This seems to me to be most unconscionable, especially at this time of our uncertain economy," she said before calling state officials to complain. State officials, she said later, weren't very helpful.
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I'm still scratching my head about this one, Red.

It's not really about politicians lying, though, is it. It's more than that. It's about politicians saying they'll stick up for the common people but staying astutely out of the way of letting businesses rape and pillage the common people and to only give a show of doing anything about it.

But, on the other hand, sticking up for the little guy is a very "populist" position and as we all know, from the liberal media, is that populist is another word for socialist which is another word for communist which is another word for liberal.

The real men complain that Crist said or did anything at all when his actual job is to get the hell out of the way and let insurers set their rates at whatever they want and let the market sort it out.
 
There is no free market for insurance in Florida, just a tangled web of regulation that is a breeding ground for greed and corruption.
 
redrumloa said:
There is no free market for insurance in Florida, just a tangled web of regulation that is a breeding ground for greed and corruption.
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And if the regulations were cleared away there would still be a breeding ground for greed and corruption.
 
I know nothing of Florida, but perhaps the regulations you speak of are there just for the eyes to see. Like Fluffy said, take away all regulations and you're not likely to get better. What you probably need is to replace regulations that don't work with ones that do.
 
Glaucus said:
I know nothing of Florida, but perhaps the regulations you speak of are there just for the eyes to see. Like Fluffy said, take away all regulations and you're not likely to get better. What you probably need is to replace regulations that don't work with ones that do.
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I'd be fine with that over the current situation.
 
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