GALLAGHER COMMENDS GOVERNOR, LAWMAKERS FOR ENACTING HOMEOWNERS INSURANCE PROTECTIONS
Florida’s Chief Financial Officer Tom Gallagher applauded Gov. Bush and state lawmakers for enacting a new homeowner’s insurance law which provides significant new consumer protections for Floridians.
“The unprecedented string of four catastrophic hurricanes that Florida weathered last year revealed gaps where homeowners encountered surprises in their policies due to confusing language or inadequate disclosures,” Gallagher said. “In the town hall meetings I hosted we learned that Floridians wanted simpler and more transparent insurance policies; this law answers that need.”
Alongside Gov. Bush at the signing of the homeowners’ bill, Gallagher said, “Florida could not have asked for finer leadership during last year’s hurricanes than that provided by Gov. Bush. I was proud to work with him during Florida’s recovery and I am proud to stand with him as he signs this important legislation.”
“Now that we have achieved passage of this bill, I am turning my attention to making sure that insurance companies do not misuse last year’s hurricanes to seek unjustified rate hikes,” said Gallagher. “I have asked Insurance Commissioner Kevin McCarty to redouble his office’s efforts to provide rigid reviews of any rate requests that are filed. He has assured me that rate requests that are not actuarially justified will be rejected.”
Sarasota County courthouse was built in 1925 and was praised as one of the most artistic public buildings in the United States.