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Cover Story, July 2008

Over-Regulated and Overpriced Florida Insurance Earns an “F”


Florida can’t seem to catch a break. The Democratic Party cuts our delegates to half a vote at the convention, and now a massive all-states study gives us an “F” in insurance.


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Sink Speaks Out at FIC Convention –
Preaching to the Choir About Citizens

Jul 1, 2008
By Sam Miller, Executive Vice President, Florida Insurance Council

Speaking before the Florida Insurance Council’s recent annual meeting in Key West , CFO Alex Sink said Florida “went in the wrong direction this year when the Legislature decided to freeze Citizens Property Insurance Corporation’s rates for yet another year solely out of political purposes.”

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The Bubble Burst:
Home Foreclosures Rock the Property Market

Jul 1, 2008
By Michael Adams, Contributing Editor

According to the national tracking firm RealtyTrac , the total number of homeowner foreclosures rose nationally by 75 percent in 2007. At 280,000 foreclosure filings, Florida ranked second among all states, eclipsed only by California ’s 480,000 filings.

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