According to a recent Herald-Tribune.com article, Florida's insurance consumer advocate has pulled a report that stated that Florida's private property insurance companies would suffer more than Citizens in the event of a major storm. Florida's insurance consumer advocate, Robin Westcott, pulled the report from her website last week. According to the article's author, Zac Anderson, the findings of the pulled report contradicts the rhetoric from Governor Scott's office regarding Citizens' viability in the face of a major storm. Governor Scott has made depopulating Citizens one of the points of emphasis of his administration. The recent increase in sinkhole activity in the state has been cited as one of the main reasons that Citizens needs less homeowner's insurance policies.
It will be very interesting to read the revised report, if, and when it is released. Florida's insurance consumers deserve to be informed about the solvency of the companies with whom they purchase insurance.