October 20, 2014

Who Said That?

Florida's quote of the day

| 5/20/2013

"I'm not insured right now. I'm tired of $2,600 a year. "

-- Homeowner Charles Williams of Spring Hill

Last year, the Florida Legislature mandated Citizens Property Insurance Corp. to offer a cheaper, more limited coverage option to homeowners, potentially saving them up to 70 percent on their premiums.

Citizens, which is trying to raise its prices in order to shrink in size, grumbled about the mandate for months and has put up several roadblocks to keep people from signing up for the cheaper coverage. Company officials say the so-called HO-8 policy offers dangerously limited coverage that could harm unsuspecting consumers.

"They're going to flock to Citizens to buy this piece-of-garbage policy," Citizens Consumer Services Committee member Greg Rokeh said in December, before throwing up his hands in disgust.

Read more at the Times/Herald.

Digital Access

DIRECT DIGITAL ACCESS
Add digital to your current subscription, purchase a single ditgital issue, or start a new subscription to Florida Trend.

TABLE OF CONTENTS
An overview of the features and articles in this month's issue of Florida Trend.

ACCESS THIS ISSUE »

Florida Business News

Florida Trend Video Pick

Adam Smith on the final gubernatorial debate
Adam Smith on the final gubernatorial debate

Adam Smith, Political Editor for the Tampa Bay Times, tells you what to watch for in the final debate between Rick Scott and Charlie Crist, which takes place Tuesday night. 

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

Are you comfortable with the idea of a cashless society?

  • Yes - in fact I am excited about using my phone to pay
  • Why not - I use debit/credit all the time anyway
  • Maybe - it's inevitable, but I don't like it
  • No - I'll be using paper money as long as possible

See Results

Ballot Box
Subscribe