This blog has moved.

Please visit our new page here

« Gelber's seat up for grabs in 2008 | Main | Money to both parties slows to a trickle »

Legislature takes about-face: offers record subsidies, drop in rates

Florida lawmakers appear headed to abandon hopes that the private insurance market can solve Florida's insurance woes without significant state involvement -- in the form of state-subsidized reinsurance. Both the House and Senate have emerged with plans that will drop rates for the first time in years, and rely on state-sponsored reinsurance to cushion the risk of private insurers. More here.