McCarty Chimes In on Proposal to Require Insurers to Offer Homeowners in Florida

McCarty Chimes In on Proposal to Require Insurers to Offer Homeowners in Florida

17 January 2007 · No Comments

Seen in the Pensacola News-Journal:

Gov. Charlie Crist and House Republicans propose requiring national insurers to write home policies if they also want to sell profitable automotive coverage in the state.

McCarty suggests such blunt regulation may not work.[...]

State regulatory staff also notes that, as written, the current House bill would not preclude auto insurers from complying by issuing a single, low-risk homeowners’ policy in Florida.

Oops.

Tags: Insurance · ·