South Florida Sun Sentinel: Florida Citizens Remain at Unfair Hurricane Risk

Although the waters have been seemingly quiet this hurricane season, National Hurricane Center data reminds us the Atlantic Ocean’s fourth named tropical storm usually doesn’t form until the end of August. With Andrea, Barry, Chantel and Dorian already named, it is possible this is the year Florida’s good luck runs out. According to the final “preseason” forecast released by experts at […]

ACI Op-ed in Fort Meyers News-Press.Com

The News-Press Article is available online. Welfare for the Rich Floridians should be outraged and policymakers should be too.  Government-run Citizens insurance, now the biggest insurer in Florida, is Robin Hood in reverse.  Citizens provides artificially low insurance prices to homeowners along the hurricane-prone coast, and requires other homeowners to pick up the cost of […]

ACI Quoted in the Miami Herald, AP and elsewhere

Here are links to recent press on ACI’s testimony in Florida.  In testimony, ACI Exposed the State Insurance Plan as a Subsidy for the Rich. Bigbill—and maybe higher rates—coming soon on Citizens Property Insurance http://hosted.ap.org/dynamic/stories/F/FL_CITIZENS_INSURANCE_IG_FLOL-?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT http://insurancenewsnet.com/article.aspx?id=370280&type=insider#.UQKv9S8o4b0 http://www.gainesville.com/article/20130123/APN/1301230566?template=printpicart http://www.miamiherald.com/2013/01/23/3196033/lawmakers-seek-to-create-ig-for.html http://www.theledger.com/article/20130123/POLITICS/130129667  

Tallahassee Democrat: Is Florida’s Citizens Insurance Just Welfare for the Rich?

Florida’s Citizens Property Insurance Corp. was created to cure a shortage of property insurance available to homeowners. Curing a shortage was a noble goal, but the cure has turned malignant. Citizens adopted a pricing strategy that engaged in below-cost, predatory pricing, pushing away competing insurers and seizing a dominant share of the market in Florida’s […]