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I Thought It Was This and Then It Was That
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Contributed by:
Al LeBlanc
on 2/22/2007
Did you ever win one of those three day travel coupons to some resort-like place and think you actually had won something wonderful, but when you looked into it further the conditions in fine print required you to attend ninety hours of timeshare presentations? Yeah, me too.
I just read the fine print. It's like the advertising you see on TV for that vegetable juice when someone smacks you on the forehead to wake you up. God, I almost ate that french fry. I should have known better.
I'm talking about the executive order signed by Governor Crist preventing insurance companies from cancelling our homeowner insurance or raising our rates for a ninety day period to end June 1. Having received my cancellation notice to be effective within that ninety day period, I was incredibly relieved. Then came the clarification.
I didn't know we needed a clarification. When the insurance industry filed suit I guess the pressure was more than the public servants, ahem, in the insurance department could handle, so they issued a clarification of the governor's order that both appeased the insurance lobby and put the boots to the public.
As it was explained to me, your insurance company is required to give you a minimum of ninety days notice of their intent to not renew or otherwise cancel your policy. According to to the insurance department clarification, if you received notification of cancellation or non-renewal prior to the ninety day moratorium taking effect, the cancellation stands. Oh. Like the insurance companies didn't see this coming.
I'm not the brightest bulb on the planet, but that clarification would seem to render the the governor's actions just so much noise. Now that's something we all understand.
Politics as usual.
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CONTRIBUTOR INFORMATION
Al LeBlanc
Port St Lucie
, FL
Al LeBlanc has posted
45
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2/22/2006
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