Construction workers who lost their jobs in recent years are losing hope. From January to January, Florida’s construction industry lost 24,000 jobs. Nationwide, the unemployment rate in the industry is 21.8 percent.
In light of our extreme vulnerability to catastrophic storm losses, the Florida Wildlife Federation supports the need to reform both Citizens Property Insurance Corp. and the Florida Hurricane Catastrophe Fund.
Environmentalists and tea party groups don’t usually have much to agree on politically, but they came together in front of the state Senate chambers in Tallahassee Friday to support an insurance reform bill.
What they agree on is that Citizens charges artificially low rates for the high-risk policies and the subsidy encourages development where it shouldn’t, and otherwise might not be.