Heartland Experts: Citizens Reform Bill Is a Good Start

Published March 8, 2011

Tallahassee — Experts from The Heartland Institute, a national think tank with offices in Tallahassee, Chicago, Washington, DC, and Austin, Texas, today offered praise for Florida House and Senate bills intended to reform the Florida Citizens Property Insurance Corporation.

The following comments may be used for attribution, or you may contact these experts for further comment:

“It is unconscionable that government policy made Florida’s state-run insurer of last resort the largest insurer in the state of Florida, foisting its multibillion-dollar risk on the taxpayers of this state.

“Senator Hays’ and Representative Boyd’s bills take the long-overdue responsible steps in ensuring that Citizens goes back to its intended role, and most importantly, that its billions of dollars in risk get transferred from taxpayers to the private insurance market.”

Christian Cámara is Florida director of The Heartland Institute’s Center on Finance, Insurance, and Real Estate. He can be reached at 305-608-4300 or [email protected].

“This bill is a step in the right direction and I look forward to working on it and restoring a private insurance market in Florida.”

Don Brown is a former Florida legislator and senior fellow of The Heartland Institute. He can be reached at 850-865-9280 or [email protected].

The Heartland Institute is a 27-year-old national nonprofit organization based in Chicago. Its mission is to discover, develop, and promote free-market solutions to social and economic problems. For more information, visit our Web site at http://www.heartland.org or call 312/377-4000.