The Gainesville Sun
Editorial
May 20, 2012
Forget about running government like a business, consider what happens when you try to run a business like government.
The Citizens Property Insurance Corp. is a state-owned “business” that is the property insurer of last resort for 1.4 million Floridians. It essentially exists to take the risks that private insurance companies won’t take…
The reason Citizens can’t adequately cover its risk is precisely because politicians have kept rates artificially low. Should a major hurricane strike, the state, and its taxpayers, will have to bail out Citizens…
To read the full story, go to:
http://s3.amazonaws.com/sayfiereview_production/PressTicker/documents/1655/original/Gainesville%20Sun%20Editorial_Bad%20Business.pdf?1337608824
