As seen at Insurance Journal:
Florida Governor Jeb Bush and his Cabinet have rejected a proposed plan of operation for Citizens Property Insurance Corporation and instead ordered the state’s insurer of last resort to hold a series of public hearings before submitting a new plan.[...]
Since May, the insurer has filed four petitions seeking to overturn agency orders calling for rate reductions, and in each instance hired a private law firm to sue the taxpayer-funded agency.
“Citizens Property Insurance Corporation used homeowners’ money to hire attorneys so they could sue the government, in order to force policyholders to pay even more,” said Crist. “The taxpayers were paying to sue themselves, so that some of them could pay even more. This is totally unacceptable.”
I have to agree that the idea of the government suing itself is silly. Am I the only person that thinks that lawsuits and bureaucratic tactics are not the the best use of the taxpayers’ resources when seeking to resolve an ugly situation?
