Make a Buck for Citizens in Florida: Auto Insurance Too?

    At least one concerned Florida citizen has written a letter to the editor regarding what that citizen perceives as attempts by various Insurance Companies to circumvent legal requirements put in place in 2007.  That year, in a Special Session of the Florida Legislature, Insurance Companies were mandated to, among other things, make Homeowner's and other Property Insurance Policies available in Florida if the same Insurance Companies or their parents offer (the much more lucrative) Auto Insurance Policies in Florida.

    The letter writer suggests that Insurance Companies are evading the 'offer one, then offer two' rule and suggests a solution:  Allow Citizens Property Insurance Corporation, a public corporation owned by Florida Taxpayers, to issue not just Homeowner's and other Property Insurance Policies that private Insurers do not want to touch, but also allow Citizens to issue Auto Insurance Policies, too:  "Citizens, Consider Adding Auto Insurance" by Samuel Z. Kobran ([Ft. Lauderdale] Sun-Sentinel .com, Friday, March 28, 2008).

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