10-step plan could end property insurance blues
Coming right on cue, there is a new study from The James Madison Institute that says it all in its title: “Ten Reforms to Fix Florida’s Property Insurance Marketplace – Without Raising Rates.”
In general, the 10 reforms highlighted in this study authored by JMI adjunct scholar R.J. Lehmann of Washington, D.C.’s R Street Institute call for more transparency in the insurance marketplace, more safeguards against conflicts of interest, and legal reforms to prevent predatory law firms from driving up insurance rates by filing bogus claims.
This study explains complex issues in plain English, and it’s posted on JMI’s website, jamesmadison.org.
