More than a dozen insurance companies have asked Florida regulators to approve rate increases. Despite five years with no hurricanes, more requests are expected as insurers line up like cattle at the trough. Should rate increases be approved, it would affect inland markets like Tallahassee and Orland as well as the coastal communities like Destin and Rosemary Beach. Former health care CEO Governor Rick Scott is more sympathetic to the insurance industry than was his predecessor Charlie Crist.
For more information on real estate related issues, visit Ed and Terri Smith at http://www.DestinFloridaRealEstate.com