Into the Storm Report (2010)

 

We escaped the 2009 hurricane season, but Florida is still one storm away from severe financial risk. In a state with $2 trillion in property exposure, we need a plan to relieve the taxpayers of the State of Florida of the potential burden of hidden taxation. In January 2010, the Florida Chamber of Commerce and the Florida Council of 100 partnered to release "Into the Storm: Framing Florida’s Looming Property Insurance Crisis." The report, released at the Florida Chamber's 3rd Annual Insurance Summit, advocates for reform for Florida’s looming property insurance crisis. The bottom line -- one major hurricane hit and Florida would still likely have to turn to the Federal government for assistance or face severe financial crisis. For more information, visit www.FloridaChamber.com/PropertyInsurance. What do you think is the answer to Florida's hurricane insurance crisis? Add a comment below and share your ideas on how we can lower property insurance costs for Floridians.

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