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CFO Alex Sink Stands with Small Businesses and Florida Realtors during Lost-Income Claims Process

7/28/2010

CONTACT: Kevin Cate, 850-413-2842

 
TALLAHASSEE – Florida CFO Alex Sink today issued the following statement after meeting with Kenneth Feinberg, the independent administrator of the BP Deepwater Horizon Disaster Victim Compensation Fund, about the lost-income claims process for small businesses and real estate professionals.
 
“Florida's small business people, entrepreneurs and Realtors are the heart of our economy, and they deserve to be compensated swiftly for lost income,” said CFO Alex Sink. “The Gulf region is suffering a variety of consequences from the oil spill – including diminished property values.  And during our all-important summer season, cancelled contracts and rentals are having a devastating effect on North Florida's residents and small businesses.  Today, I urged Ken Feinberg to make sure they are all being treated fairly during the claims process.”

As a statewide elected officer of the Florida Cabinet, CFO Alex Sink oversees the Department of Financial Services and serves as the State Fire Marshal.  A successful businesswoman with nearly three decades of experience in the private sector, Sink is serving her first term as Florida's CFO.  As CFO, Sink's priorities include using her business experience to cut wasteful government spending, cracking down on financial and insurance fraud and reforming the state government's contracting practices.