An open letter to State Governors & Legislatures (Fla. only)
Why Not?
23 so far! Help us get to 25 signers!
According to the Tampa Bay Times front page news (3/1), a study was done which revealed that between 2017 and 2019, most insurance companies reported a collective net loss of $432 million. This finding appeared to justify big rate increases.
At the same time, their affiliate companies reported a net income of $1.8 BILLION. Insurers also spent $680 million on dividends to shareholders during
those three years.
As I understand it, the report documenting these facts was never disseminated to the legislature.
I call upon you to convene a statewide grand jury and for House Speaker Daniel Perez to form a new committee to investigate the report and explain
why lawmakers didn’t receive it.