Atwater: Why are reinsurance rates dropping but homeowner premiums up?
In a letter to Florida Insurance Commissioner Kevin McCarty, Chief Financial Officer Jeff Atwater asks why it is that as re-insurance costs for property insurers are dropping, they are not lowering premiums for Florida customers.
He doesn't ask McCarty to do anything about it. He doesn't suggest he is going to do anything about it, but he is raising the point. Here's his letter: Download 8.7.2013 Letter to Commissioner McCarty