SB 2044 Special Edition of Capitol to Courthouse News: Florida Media Coverage of Omnibus Property Insurance Bill Veto

Jun 2, 2010

 

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William Stander of PCI–Fixing the Florida Insurance Marketplace: We’re All In It Together

The Property Casualty Insurers Association of America issued the following statement in response to the June 1, 2010 announcement of the veto of SB 2044, the property insurance package that easily passed both houses of the Florida legislature.

 

Paige St. John:  Governor kills bill sought by insurers

Decision puts Crist at odds with Republican Legislature

Gov. Charlie Crist on Tuesday vetoed legislation that property insurers argued they need to survive but that Crist said was harmful to consumers.

 

Insurance Journal:  Florida Gov. Crist Vetoes Property Insurance Bill

As he hinted he would do, Florida Gov. Charlie Crist has vetoed an omnibus property insurance bill (SB 2044) that the industry and even the state’s insurance commissioner had urged him to sign.

 

Sunshine State News/THE NEWS SERVICE OF FLORIDA:  Crist Vetoes Property Insurance Legislation

Calling the measure unfriendly to consumers, Gov. Charlie Crist on Tuesday vetoed legislation backed by the insurance industry that, among other things, things would have allowed property insurance companies to more easily raise rates by up to 10 percent a year without going through the lengthy regulatory process

 

Palm Beach Post:  Insurance bill; Atwater blasts governor saying he “mischaracterized” bill

Deepening an already substantial rift between himself and the legislature, Gov. Charlie Crist tonight vetoed a property insurance bill saying it would likely increase rates.

 

South Florida Sun-Sentinel/Orlando Sentinel:  Crist vetoes bill allowing certain property insurance rate hikes

Gov. Charlie Crist late Tuesday vetoed a broad property insurance bill that would have made it easier for insurers to raise rates and reduce claims costs.

 

The Associated Press:  Crist Vetoes Insurance Bill

Florida Gov. Charlie Crist has vetoed a property insurance bill.

 

 

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