Florida Senate Minority Leader to Oppose Raising Citizens Rate Caps
Posted By Givens Givens Sparks || Feb 8, 2013
The idea of removing Citizens' rate cap has been circulated quite a bit in this pre-Session period in Tallahassee. Senate Minority Leader Chris Smith, last week said that Senate Democrats plan to take a strong stand against the plan to raise the cap on Citizens' rates.
Some ideas, such as coordinating wind mitigation efforts, and creating a clearinghouse for insurance policies to be shopped in the private market before heading to Citizens have bipartisan support. However, it appears that Senate Democrats will not go quietly on the rate cap issue.