George Gibbs Center for Economic Prosperity

News Serv⁠i⁠ce of Flor⁠i⁠da/Sun-Sen⁠t⁠⁠i⁠nel: New bus⁠i⁠ness, env⁠i⁠ronmen⁠t⁠al⁠i⁠s⁠t⁠ group vs. C⁠i⁠⁠t⁠⁠i⁠zens

By: The James Madison Institute / March 5, 2013

The James Madison Institute

George Gibbs Center for Economic Prosperity

March 5, 2013

Some of the state’s largest business and environmental advocates have linked hands against what they view as the potential risks to all Florida property owners from an oversized yet “underfunded” Citizens Property Insurance Corp. and Florida Hurricane Catastrophe Fund.The 14-member coalition called Stronger Safer Florida, backed by Associated Industries of Florida, the Florida Chamber of Commerce and 1000 Friends of Florida, announced on Thursday that revisions are needed to both the CAT fund and state-backed Citizens as a means to protect consumers and environmentally sensitive lands statewide.“The diverse membership reflects broad support for changes to the state-run insurance entities, which reports indicate do not insure the majority of Floridians but, due to their statutory power to levy assessments, do taxthem all in event of a major hurricane catastrophe,” the coalition said in a release.Other coalition members are: Florida Consumer Action Network, Florida TaxWatch, the R Street Institute, Audubon of Florida, CERES, Florida Coastal and Oceans Coalition, Florida Wildlife Federation, Sea Turtle Conservancy, Surfrider Foundation, The Nature Conservancy and James Madison Institute.–News Service of Florida
http://articles.sun-sentinel.com/2013-03-05/business/sfl-new-business-environmentalist-group-vs-citizens-20130305_1_florida-chamber-environmentalist-group-new-business