Citizens Property Insurance Corp.

Citizens Property Insurance Corp. (October 3, 2012)

Shameless plug alert: I'll be appearing on TV this Sunday, taking part in a roundtable discussion about the last week of the Florida Legislature's 2013 session on Facing South Florida with Jim DeFede. The show airs at 11:30 a.m. this Sunday (April 28) on WFOR-Ch. 4, the Miami CBS affiliate.

Topics are scheduled to include property insurance/Citizens overhaul, the Dolphins stadium renovation, Medicaid/Obamacare, political ethics/campaign finance changes, election reform and higher education.

I'm still wading through the final version/amendments of the Citizens/property insurance bill (SB1770) that passed the Senate this week and will be writing more about what it means to South Floridians for this Sunday's print column.

Let me know you're reaction to the bill and its possible impact (it still hasn't passed the House and the governor hasn't signaled what he'd do). Although it's been watered down, my biggest concern: It would force some Citizens policyholders into the private market, but private insurers could then drop those policies and homeowners could wind up back with Citizens, only at much higher rates because they'd be considered "new customers."


Hollywood Doggie Beach Pictures

It would have been nice if the Legislature wrote in a provision that any customer forced to take a private policy who is later dropped by that private insurer (say within 5 years) should be treated as if they had never left Citizens. Otherwise, a lot of us could get walloped in the wallet.

Actually, seeing as this bill will make rate hikes easier for both private insurers and state-run Citizens, we're going to get walloped anyway.

In other words, it's business as usual in Tallahassee.

Happy weekend.