Published at: www.orlandosentinel.com
State Farm / Florida: Insurance Intelligence?
June 24, 2009
* Executives at large insurance organization are accountable for KPI’s to stakeholders; not for providing “socialistic goods, regardless of the financial considerations”.
A Christ Veto Likely a Body Blow to Floridians
June 16, 2009
Put all your eggs in one basket? That's what a veto by Governor Christ would do to Florida's hurricane insurance market. His veto would serve to concentrate risk, putting the liability into fewer hands. These "hands" are the now fewer remaining private insurance firms and the citizens of Florida. Level the playing field? Not Christ's veto. Those more at risk (coastal dwellers) will be subsidized by those less at risk (central Floridians). This is a tax on the less wealthy to support the opulent homes of the wealthy coastal inhabitants.
Left alone by government, markets will always find the way to profitability.
June 16, 2009
Too much government interference and dictation has put a massive, Florida employing company in such a frame of mind that it will probably leave Florida even if Tallahassee changes it's tenor.