Florida Tax Watch Names Citizens, Florida Hurricane Catastrophe Fund, Florida Insurance Guaranty Association as Financial Threats; Suggests Hawaii-Based Reform as Viable Solution
Dec 16, 2010
In its annual “Governor’s Transition Decision Handbook” (“Handbook”) published today, December 16, 2010, Florida Tax Watch cites “successful reform in Hawaii” as the basis of one of the ideas that the organization considers viable to “address the realities of Florida’s (insurance) situation.”
On Page 35 of the Handbook, Florida Tax Watch specifically names the “self-insurance system” of Citizens Property Insurance Corporation, the Florida Hurricane Catastrophe Fund and the Florida Insurance Guaranty Association as the primary threats to Florida’s finances.
The Handbook, the first edition of which was published in 1998, can be viewed by clicking here.
Should you have any comments or questions, please contact Colodny Fass.