Blog: insurance rate gouging
Will the Growing Abuse by Florida Property Insurance Companies Ever End? Apparently, It’s in the Hands of the Voters
The Fort Lauderdale Sun Sentinel’s regular insurance reporter, Julie Patel wrote this week (June 28, 2012) that Florida-based home insurers reported a net income (that’s after they deducted their expenses) of nearly $78.7 million in the first quarter of 2012. This was reported by Florida Insurance Commissioner Kevin McCarty, who should not be able to…
