Fill out this form to email this article to a friend
What will we do?
By CHRISTINA REXRODE
Published October 13, 2006
 |  |
[Times photo: Lara Cerri] |
About 400 property owners took part Thursday evening in a lively town hall discussion on finding solutions to Florida's insurance crisis.
 No magic formula
|
About 400 property owners took part Thursday evening in a lively town hall discussion on finding solutions to Florida’s insurance crisis. Among the ideas suggested by five panelists and speakers from the audience at the Hilton Hotel at Carillon Park in St. Petersburg: - Adopting a penny sales tax dedicated to relief from high insurance premiums; imposing a state income tax
- Prohibiting insurers from cherry-picking where they write insurance in Florida; capping rate increases
- Supervising insurers' profits funneled to out-of-state parent companies
- Regulating reinsurance agreements that can mask profits between insurers and their parent companies.
The event was sponsored by the St. Petersburg Times and Bay News 9.
[Last modified October 13, 2006, 11:23:59]
Share your thoughts on this story
|
News
Fifty years ago, they were screwed-up kids sent to the Florida School for Boys to be straightened out. But now they are screwed-up men, scarred by the whippings they endured. Read the story and see a video and portrait gallery.
Print
Email story
Comment
Email editor
