The full Florida Senate is expected to vote today on a bill that would prevent new insurance firms from starting Florida-only subsidiaries. The bill, which is supported by Gov. Charlie Crist, would also force national insurance companies to disclose out-of-state profits when asking for a rate increase in Florida. Insurers opposing the bill say it is an effort to push them out of the state. "The governor is getting everything he wants," says William Stander, a lobbyist for the Property and Casualty Insurers Association. "This is the governor's property insurance corporation."
Published in Brief: