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The Insurance Storm, a Florida Today special statewide report.

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barbaraann Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-19-05 09:28 AM
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The Insurance Storm, a Florida Today special statewide report.
(from March, 2005)
Months after four hurricanes battered Florida, thousands of residents continue to face serious insurance problems. They complain about slow service and multiple deductibles and express fear their rates will be increased or policies will be canceled.

FLORIDA TODAY and its Gannett Co. news partners in the state have investigated these issues across the state.

In this project, you will meet dozens of the people who are wrestling with insurance problems. You'll see our findings about the financial and political power of the insurance lobby. Finally you'll see recommendations for change and tips on how to make sure you're getting the most out of your own insurance policy. Find out more about this project.
...
http://www.floridatoday.com/insurancestorm /


One of the stories:
March 6, 2005
Insurers profit in storms' wake
http://www.floridatoday.com/apps/pbcs.dll/article?AID=/...


This is an excellent piece of investigative journalism. It includes an exclusive searchable database of Florida insurance lobbyist campaign contributions. I doubt if any of the problems discussed in this article have been solved and if Hurricane Wilma hits Florida, there will be more tragedy due to the lack of good governance from the Republicans running the state.

I have also posted a related article in the Florida forum about ethics problems with the state-run insurance pool.
http://www.sun-sentinel.com/news/legislature/sfl-fethic...
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madrchsod Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-19-05 10:04 AM
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1. it`s only going to get worse
the international reinsurance companies are already factoring in global warming and it`s effects on long term insurance risks and rates.soon it will be to expensive to live in florida because of the insurance rates.
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FloridaPat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-19-05 10:04 AM
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2. I wonder how much of the $12 billion got here too. At least to hurricane
victums, not Dade county non-hurricane victums.

Also wonder how much we're going to need after this weekend.
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