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January
22, 2006 -
- LEGISLATURE
TACKLES INSURANCE ISSUE IN SPECIAL SESSION
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- The
Florida Legislature convened its special session Jan. 16 on hurricane preparedness
and property insurance. The session concludes Monday (Jan. 22.) The first conference
committee was held Friday (Jan. 19) between the House and Senate to consider a
series of House bills and an omnibus Senate bill on these issues.
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- Conferees
include alternating chairmen Sen. Bill Posey and Rep. Ray Sansom and Senators
Alexander, Atwater, Dawson, Deutch, Gaetz, Geller, Lawson, Peaden, Storms, Webster
and Wilson, and Representatives Bogdanoff, Brown, Cannon, Coley, Cusack, Gelber,
Grimsley, Hasner, Kravitz, Mayfield, Reagan, Richardson, Rivera, Sands, Seiler,
Taylor, and Traviesa.
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- One
of the key issues under debate is the extent to which the state-backed Citizens
Property Insurance Corporation should be allowed to diversify the types of insurance
it can sell in coastal areas, making it more competitive with private insurers.
Gov. Crist promises to veto any insurance bill if it doesn’t lower premiums
for homeowners.
ALSO
IN THIS WEEK'S RAP-UP (Members-Only
articles are indicated in bold.)
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