Florida folks

Anyone care to comment:

Dear Governor Charlie Crist,
thank you for vetoing the Property Insurance Deregulation Bill H1171.

What is this about and is there any consideration of a like bill in other states.

Ellen,
No attempt to bring politics into any of this. I notice a blurb on an e-mail that referenced this Bill.

I asked if any Florida residents knew anything about it and what was it about and if other states are thinking of something like this, whatever it is about, I have no idea.

Cut me a little slack here.

Hi Robert:

Here's the gist of the bill:

Gov. Charlie Crist has vetoed a sharply contested property insurance bill, saying it could limit consumer choices, raise premiums and harm Florida's market for homeowner coverage.

Although the legislation (HB 1171) was called the "consumer choice" bill, it actually would have allowed about 40 of the largest property insurers to start charging virtually any price they want for policies with hurricane coverage, and to bypass regulations the state imposes on other companies.

"The bill actually gives the 'choice' to a select group of property insurance companies and allows them to decide who they are willing to sell a non-regulated policy," Crist wrote in a letter explaining his veto Wednesday. "These select property insurance companies will be able to cherry-pick, or sell only to profitable policyholder[s] ..."