Some good news for consumers as state tackles property insurance
FLORIDA -- Insurance Commissioner Kevin McCarty told the Florida Cabinet Tuesday that State Farm may not leave the state's property insurance market as planned and the state is developing a report card on insurers to help consumers and increase competition.
“We’d like them to be a good neighbor so long as they are a fair neighbor," Gov. Charlie Crist said about McCarty's prediction that State Farm will stay in Florida in a smaller form.
On the other side of the Capitol, a panel of insurers, contractors and others discussed how to speed up hurricane insurance claims.
Insurance Consumer Advocate Sean Shaw, who is grading insurers based on consumer complaints the state receives, held the meeting on claims disputes and plans to make recommendations in the next few months.
“We’d like them to be a good neighbor so long as they are a fair neighbor," Gov. Charlie Crist said about McCarty's prediction that State Farm will stay in Florida in a smaller form.
On the other side of the Capitol, a panel of insurers, contractors and others discussed how to speed up hurricane insurance claims.
Insurance Consumer Advocate Sean Shaw, who is grading insurers based on consumer complaints the state receives, held the meeting on claims disputes and plans to make recommendations in the next few months.
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