Documents show a Scott push to shutter Citizens [View All]

[Zorro]

Source: Sarasota Herald-Tribune

Gov. Rick Scott has secretly pushed to kill Citizens Property Insurance before his first term ends, a goal that alarmed even representatives of private insurance companies seeking to remove Citizens as a competitor, the Herald-Tribune has learned.

In a February meeting with the industry lobbyists writing bills for the upcoming legislative session, documents show that Governor Scott's top staff sought to force the 1.3 million property owners who now have a policy from the state-run carrier back into the private market, "phasing out Citizens completely."

The industry lobbyists protested that Florida carriers could not absorb all of Citizens' business, records show.

The gap would force many Florida property owners to turn to the unregulated surplus lines market, where rates are unchecked and policies are not backed by a state guarantee fund.

Read more: http://www.heraldtribune.com/article/20110423/ARTICLE/110429746/2416/NEWS?Title=Documents-show-a-Scott-push-to-shutter-Citizens

---

This guy is a real piece of work. He's so bad even his fellow Republicants are offended by his policies.