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Committee to Simplify Homeowners Insurance Policies for Floridians to Meet October 28

10/26/2005

CONTACT:
Tami Torres or Bob Lotane
(850) 413-2842
TALLAHASSEE – The Standard Personal Lines Advisory Committee will hold its next meeting Friday, October 28th, at the Capitol in Tallahassee.  The committee will meet in Room 110 of the Senate Office Building from 10 a.m. to 5 p.m. 
 
State lawmakers called for the committee in response to Chief Financial Officer Tom Gallagher's concern that many victims of the 2004 hurricanes were not adequately protected because they either did not understand the complex language in their insurance policies or had not updated their policy limits to keep pace with increasing property values.  The committee is tasked with developing proposals to simplify howmeowners policies and forwarding the recommendations to legislative leaders in January.

Members of Standard Personal Lines Advisory Committee
CHAIR
 
•Rick Mahler, Deputy Chief of Staff, Department of Financial Services
 
MEMBERS
 
•Joel P. Curran – Towerhill Insurance Group, chief underwriting officer and senior manager.
•Jim Graganella – Capital Preferred & Southern Fidelity Insurance Companies.  President / CEO.
•Hector Fortun, Fortun Insurance. 
•Bruce A. Baker, USI Insurance Services of Florida, Inc.  
•Rick Suarez, Miami, Florida, proprietor of Ready Windows. 
•Arnold Whisenant, Jacksonville, Florida, retired. 
•Dr. Elizabeth Beard Goldsmith, Florida State University, Professor.  National Association of Insurance Commissioner's Consumer Representative.
•Richard C. Koon, Office of Insurance Regulation, Senior Management Analyst, Director Policy Forms.
 •Steve Burgess, Florida Insurance Consumer Advocate.
As a statewide elected officer of the Florida Cabinet, Chief Financial Officer Tom Gallagher oversees the Department of Financial Services, a multi-division state agency responsible for management of state funds and unclaimed property, assisting consumers who request information and help related to financial services, and investigating financial fraud. Gallagher also serves as the State Fire Marshal.