Saturday, January 13, 2007

FLORIDA DIGEST January 13, 2007

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The Miami Herald

Posted on Sat, Jan. 13, 2007

Lawmakers close on insurance fix, but is it solution?

Associated Press

TALLAHASSEE, Fla. - Florida lawmakers wish they could simply outlawhurricanes. That would solve the state's insurance crisis.

Unfortunately, changing the weather seems easier than what legislators haveon their hands.

As they return to the Capitol Tuesday for a weeklong special session aimedat lowering Floridians' property insurance bills, legislators have adifficult balancing act. They need to make insurance affordable - and theyhave committed to passing legislation that will cut rates at least some fornow.

But they also would like to fix the problem structurally, to avoid having toaddress it again each year. And they'd like to avoid chasing all privateinsurance companies away, leaving state government as Florida's onlyproperty insurer.

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