Policy Brief No. 3 - First Steps toward Restoring Florida's Insurance Market

March 1, 2008

As Florida’s Legislature proceeds with its 2008 session, several proposals to modify the state’s insurance environment appear likely to receive serious consideration and debate. This paper analyzes several of the more prominent ones. 

The paper consists of four sections. The first offers a very brief overview of the state’s current insurance environment. The second considers a proposal to bifurcate Florida’s homeowners’ insurance environment into pools respectively liable and exempt from special, unilaterally imposed state insurance premium taxes. The third considers other proposals impacting commercial property and the size of the hurricane catastrophe fund. Finally, the brief conclusion argues that, while all of these proposals deserve serious consideration, none will solve Florida’s insurance woes on its own.

Full Text of "Policy Brief No. 3 - First Steps toward Restoring Florida's Insurance Market" (PDF, 112 KB) You must have Adobe Acrobat installed to view this document.

Policy Briefs

• Policy Brief No. 4 (TalkPnts) - Transparency in Government Spending: An Idea Whose Time Has Come for Florida
• Policy Brief No. 4 - Transparency in Government Spending: An Idea Whose Time Has Come for Florida
• Policy Brief No. 3 (TalkPnts) - First Steps toward Restoring Florida's Insurance Market
• Policy Brief No. 3 - First Steps toward Restoring Florida's Insurance Market
• Policy Brief No. 1 - Assessing the Case for Cable Franchise Reform

Advance the cause of liberty with your tax-deductible membership to The James Madison Institute today.

Stay ahead of the curve with a free subscription to our weekly e-newsletter, Madison Policy Digest. You'll get all of the latest Institute updates, along with a summary of Florida's top policy headlines from a free-market point of view.