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Reform leaves some with uneasy feeling
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| Contributor | CBlock941 |
| Last Edited | CBlock941 Jan 23, 2007 12:33pm |
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| Category | News |
| Media | Newspaper - Orlando Sentinel |
| News Date | Tuesday, January 23, 2007 06:00:00 PM UTC0:0 |
| Description | TALLAHASSEE -- Lawmakers approved a sweeping package aimed at cutting the cost of homeowners insurance in storm-battered Florida but quickly drew heat from consumer groups that say it fails to go far enough to help those staggered by two years of soaring increases.
The wide-ranging legislation is expected to cut rates for property coverage anywhere from 5 percent to more than 40 percent.
But with the state poised to shoulder a larger role in hurricane rebuilding, homeowners could face far bigger bills if another round of major storms pounds Florida. |
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