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Report: Nearly 5.8 million Floridians were uninsured in the past 2 years listen

03/19/09 Mitch E. Perry
WMNF Drive-Time News Thursday
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A new report from a health care advocacy group says that almost two of every five Floridians under the age of 65 were uninsured for some period of time in the past couple of years.

Ron Pollock is executive director with Families USA, the organization that released the study. He said approximately 5.8 million Floridians were uninsured for at least six months within the past two years, that's 38 percent of the state’s population.

Tampa area Democratic Congresswoman Kathy Castor says ...

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Task Force urges Citizens to raise rates listen

01/06/09 Seán Kinane
WMNF Drive-Time News Tuesday
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If you have Citizens homeowners insurance, your rates may be going up beginning next year. That was among the recommendations for changes to Citizens Property Insurance Corp. -- the state-supported insurer of last resort -- that will be made to the Florida Legislature by a committee that met today in Tampa.

Bruce Douglas, chair of the Citizens’ Mission Review Task Force, said: “I will make a motion that we r...

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Financial historian Niall Ferguson on insurance fund

11/25/08 Mitch E. Perry
WMNF Drive-Time News Tuesday
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Niall Ferguson is a financial historian, and the author of the acclaimed new book, The Ascent of Money: A Financial History of the World. In the second part of our interview, WMNF asked him about insurance, and what he thinks of the idea for a National Catastrophe Fund, something Florida lawmakers say is the only way to fully address the issue of insurance in the hurricane prone state.

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Sink addresses Institute for Business conference listen

11/14/08 Seán Kinane
WMNF Drive-Time News Friday
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The Tampa-based Institute for Business & Home Safety is holding its annual conference at the Convention Center this week. The conference for people in the insurance industries is on property loss reduction. This morning’s keynote speaker was Alex Sink, Florida’s Chief Financial Officer.

In response to the eight hurricanes that hit Florida in 2004 and 2005, state lawmakers set aside $250 million for the [My Safe Florida Home...

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Alex Sink on hurricane preparation listen

08/18/08 Mitch E. Perry
WMNF Drive-Time News Monday
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In addition to Floridians taking safety preparations for the storm, it is also important to have up-to-date insurance informatione.

Alex Sink, the state's chief financial officer, spoke to WMNF this afternoon about what Floridians need to do to keep their financial business in order.

Her website is myfloridacfo.com.

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CFO Sink criticizes hurricane bond deal listen

07/03/08 Seán Kinane
WMNF Drive-Time News Thursday
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Last year, Florida shifted much of the financial risks associated with hurricanes from private insurance companies to the state’s government, in an effort to reduce property insurance rates. Yesterday the state’s Board of Administration voted to take a gamble to spend nearly a quarter-billion dollars in exchange for up to $4 billion in bonds in the event that the state endures a catastrophic hurricane season this year.

One member of the Board of Administration, the state’s Chief Fina...

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Pinellas schools look at budget cuts listen

05/06/08 Seán Kinane
WMNF Drive-Time News Tuesday
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Due to budget cuts, Pinellas County schools must find a way to trim $43 million. Making this more difficult is the fact that providing medical insurance benefits to employees will increase by $11.5 million next year. Because employee salaries and benefits make up one of the largest budget items, the controversial idea of decreasing teacher salaries was considered in a workshop this morning.

Outgoing Superintendent of Pinellas County Schools Clayton Wilcox said the school district is no lo...

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Consumer advocate says Allstate should back down listen

01/18/08 Mitch E. Perry
WMNF Drive-Time News Friday
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Yesterday Allstate Insurance filed an appeal after the state of Insurance Regulation expanded its freeze on the company from doing any future business in the state until it complies with a state investigation into how it sets homeowners’ insurance rates.

Insurance Commissioner Kevin McCarty on Wednesday announced that Florida would ban Allstate from writing any new car insurance policies, after it has failed to comply with subpoenas. The subpoenas were issued in connection with hearings ...

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