Thursday, June 25, 2009

Crist Vetoes Insurance Legislation

Governor Crist just put great hindrance on large property insurance companies wanting to write policies in Florida, on Wednesday. Crist vetoed a bill that would have encouraged these insurance companies to insure property owners in Florida. The legislation would have relaxed the current regulations and allowed the big insurance companies to increase policy premiums. Christ’s has stated that he vetoed the bill to keep insurance rates affordable for Floridians.