Senate targets five insurers
Florida Senate Select Committee on Property Insurance Accountability has invited five executives to testify during their Feb. 4th and 5th hearings. They include Hartford Insurance CFO Michael Dury, American Strategic Insurance Corp. CEO John Auer, Nationwide CEO William G. Jurgensen, Florida Farm Bureau CFO Michael Hill, and Allstate CEO Joseph Richardson.
It'll be interesting to see how executives accept the invitation and how many will need to be subpoenaed.
Strikingly missing? "Mr. Farm," in the words of Sen. Steve Geller. State Farm folks have been working hard to remind the Senate that they had struck a deal last year with OIR, brokered by the governor's office, to end most of their troubles (which resulted in getting their OIR hearings canceled).