Overcast73° FULL FORECASTOvercast73° FULL FORECAST
Make us your home page
Instagram

The Buzz

From the staff of the Tampa Bay Times

Davis, Smith talk insurance in Orlando

From the AP:

U.S. Rep. Jim Davis proposed hiring a consumer watchdog in the
governor's office who would help Florida residents with hurricane insurance problems during a debate Friday with his rival for the Democratic gubernatorial nomination.

The "policyholder advocate general" would attend hearings on rate hikes on behalf of consumers and help deal with problems in getting claims paid, said Davis, who also called for an annual audit of Citizens Property Insurance, the state-run insurer for people who can't get private policies. Davis also advocated repealing a 2005 law that clarified that wind policies don't cover flood damage.

State Sen. Rod Smith said he favored proposals put forward this year by Democrats in the state House and Senate, which would have had the state cover part of the risk of all homeowners, similar to the way the federal government underwrites flood risk.

[Last modified: Wednesday, September 15, 2010 4:04pm]

    

Join the discussion: Click to view comments, add yours

Loading...