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CRIST: Insurance Industry Not Following Law

by Palm Beach Post Staff | September 20th, 2007

Gov. Charlie Crist again lashed out at insurers today and encouraged directors of the state-backed Citizens Property Insurance Corp. to keep up the good work.

“(Citizens) used to be the dumping ground for the insurance industry of Florida,” Crist told the Citizens Board of Governors early this morning.

“Some in the private sector are afraid of competition. That is not the American way. Competition is the American way. And if they don’t want to compete, Florida will,” he went on.


Crist also said he is anxious for insurers to respond to the subpoenas issued by the Office of Insurance Regulation so he and the Cabinet can figure out why premiums have not come down as expected.

“When we get those answers back, I’m a lawyer, we have an opportunity to take action,” Crist said.

“My belief is that the industry is not adhering to the law. We can pass all the laws on the books we want, but we’ve got to make sure the laws are enforced,” Crist said, referring to legislation signed into law in January.

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7 Responses to “CRIST: Insurance Industry Not Following Law”

  1. T Says:

    Being a Democrat that I am. I’m loving this republican. He does want he says regardless if I only get a 100 buck return with the tax cut.

  2. DARRELL Says:

    I remember reading an article in the Palm Beach Post back when the insurance companies first started asking for rate increases that indicated that they couldn’t request an increase based on past losses but only on projected future losses. So, if they are all pulling out of the high risk areas why then do they need rate hikes???

  3. DARRELL Says:

    I remember reading an article in the Palm Beach Post back when the insurance companies first started asking for rate increases that indicated that they couldn’t request an increase based on past losses but only on projected future losses. So, if they are all pulling out of the high risk areas why then do they need rate hikes???

  4. Mr.B Says:

    I think insurance compamies are that of “legal robbery”.
    Why do they keep taking money from people to keep insurance and then when they put a claim in they are canceled or have to fight spending more than the already paid to fight. One more comment: Why do they require a credit check for insuring automobiles if they insure the car and age and license of the insured????

  5. Mr.B Says:

    I think insurance compamies are that of “legal robbery”.
    Why do they keep taking money from people to keep insurance and then when they put a claim in they are canceled or have to fight spending more than the already paid to fight. One more comment: Why do they require a credit check for insuring automobiles if they insure the car and age and license of the insured????

  6. anon Says:

    I agree with you T, he does exactly what he said he would do. Whether or not everything works out, he is not a magician. So many laws have been enacted in the past several years on a federal level that have affected us ‘little people’ we are not aware of. Laws governing workers rights (which are nearly non-existant in their protection of workers in Florida already) and regarding healthcare, on a federal level. We all know how that came to be with Republican dominance in all arenas, not just the Presidency. God help those Democrats get out and vote next election and those elected to represent the People first, not the party!

  7. Jim Says:

    The problem with insurance in Florida is more general than just a problem with the insurance industry.

    The core problem is that our legislative system is manipulated and directed by highly paid lobbyists, hired by our corporations in their behalf, who have usurped governmental power, and taken it away from us citizens.

    Our laws governing insurance, finance, pharmaceuticals, energy, etc. have been so strongly influenced by lobbyists, that our governmental system is no longer working for the benefit and protection of Americans.

    To truly understand this, just follow the money trail, from corporate America, to lobbyists, to our legislators and high government officials. These people are “bought” and rewarded with campaign contributions while seeking office, powerfully lobbied while in office, and indirectly promised high then rewarded with high paying positions (I would call it bribes) when they leave government service, if they “play the game”.

    This also applies to their cronies, whom politicians appoint while in office. The shell game: “Reward my appointed friend, reward me, and I’ll appoint another of your friends when he leaves, and support your choice of replacements for my office when my time is up”.

    Influence peddling is killing off our Democracy in every way imaginable, and lobbyists are right in the middle of it all.

    As citizens we are given the “right to petition congress” (lobby). But doess this mean the right is granted for COMMERCIAL lobbying, too? Does it mean we have to permit six and seven figure salaries and luxurious expense accounts to reward these lobbyists, at the expense of the average American?

    Do we have to allow former government officials the right to lobby commercially when they leave government service for huge rewards becaus of the influence they obtained while government officials?

    When a politician talks of this publicly, that is the politician that I might begin to believe. The rest of them are busy promulgating a system that primarily benefits them and their sponsors, and the expense of those whom they are supposed to be serving.

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