Survey on Citizen's Bailout

Tampa Bay Business Journal is currently conducting a survey titled, How would you deal with the financial crisis of Citizens Insurance? This survey's content is based on the pending bills in the Florida State Legislature and the use of this year's $960 million windfall, along with the $5.6 billion in surplus at the state level. Coming in on top in this survey with 36% is for the entire deficit of Citizen's Insurance to be covered by this year's tax surplus so homeowners will not have to face higher premiums. Coming in at a distant second is the Florida House bailout of the proposed $920 million, with the third place going to withholding all funding to Citizen's until ethical standards are upgraded, with 16 % of the vote. At fourth place, with 15 %, is the option not to give any money for this bailout, based on the feeling that this is the cost of living in Florida. The Florida Senate's plan comes in next to last for the $750 million bailout of Citizen's Insurance. Representative Joe Negron was right when he said that the Citizen's assessment is really a back-door tax increase on all Floridians. Hopefully, the Florida Legislature is listening to the low rumble of discontent among all Florida homeowners struggling with the debacle of this Citizen's Insurance bailout while facing increases in their own premiums. Just look at the Tampa Bay Business Journal's survey, and see that by a 2 to 1 margin, the consensus is for a complete bailout of Citizen's Insurance, not just a half-hearted attempt by the Florida Legislature to ease our pain in the wallet.