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Home»INSURANCE»Why isn’t hawking insurance like this a conflict of interest?
INSURANCE

Why isn’t hawking insurance like this a conflict of interest?

adminvisitBy adminvisitNovember 2, 2023No Comments2 Mins Read
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Bad optics

Big premiums, big profits | Nov. 1

First, our legislators passed laws prohibiting citizens from holding home insurance companies financially responsible for attorneys’ fees when the citizen wins a case. Now, Sen. Joe Gruters, a Sarasota Republican, is trying to interest fellow legislators in investing in a new insurance company. I worry that just like with charter schools, where some legislators and their spouses saw an opportunity to make money, they are taking advantage of laws that they voted on to enrich themselves. At the very least, these actions seem like a conflict of interest to me.

Ann Jamieson, St. Petersburg

Ensuring a profit

Big premiums, big profits | Nov. 1

As I read the article on investors eyeing new insurance companies, I got more disgusted with every paragraph. Politicians are sensing an opportunity to make big profits with a new company — an expected 165% return on investment over five years — but still planning to charge an average homeowner premium of $4,775.

Donald Brugman, St. Petersburg

Wanted to shower

Fla. companies funding DeSantis campaign | Oct. 31

I hope I am not the only one who felt like I needed to take a shower after reading this article. The only quote missing here was, “Nice company you got there. It would be a shame if something happened to it…”

Terrence S. Callahan, Crystal Beach

What they want

Fla. companies funding DeSantis campaign | Oct. 31

Common sense is going to tell you that if I donate huge sums of money to a campaign or a super PAC supporting Gov. Ron DeSantis, then I will want some kind of favor in return, especially if I have business before the state. I realize these people have a lot of discretionary money lying around but, in my opinion, they aren’t donating because they like the guy. Seems pretty cut and dried to me why they are donating.

David Burg, Tampa

Old rules apply

Police seek 2 more shooters | Nov. 1

We have a saying in our house: Nothing good happens on the streets after midnight. Whatever happened to curfew and consequences for not obeying the rules? It worked for us.

Gary Hoover, Trinity



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