Citing Rate Increase Potential and ‘Troubling’ Wind Mitigation Credit Changes, Florida Governor Charlie Crist Vetoes Omnibus Property Insurance Bill–SB 2044

Citing its potential to expedite rate increases and its “troubling” changes to the application of wind mitigation discounts, Florida Governor Charlie Crist Vetoed Senate Bill 2044 today, June 1, 2010.

The Governor’s veto transmittal letter is attached for review.

More information on this and other bill action is forthcoming.

Should you have any comments or questions, please contact Colodny Fass.