Florida Governor Rick Scott, Insurance Commissioner Kevin McCarty Comment on the Signing of the Insurance Cost Driver Bill (CS/CS/CS/SB 408)
May 17, 2011
Following his signing of CS/CS/CS/SB 408, today, May 17, 2011, Florida Governor Rick Scott issued the following statement:
“A healthy, stable and competitive private insurance market is critical to the success of Florida, given the hazards we face,” said Scott. “I commend the Florida Legislature, especially Senator Richter and Representative Wood, for bringing this important legislation forward.”
Florida Insurance Commissioner Kevin McCarty released the following comment as well:
“I commend Governor Scott for his leadership during the legislative session and for signing SB 408 relating to property and casualty insurance. This bill focuses on addressing cost drivers in the system and will yield long-term benefits for Florida by stabilizing the property insurance market and attracting new capital investment to our state.”
Colodny Fass will continue to monitor this issue and provide updates as information becomes available.
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