Resolution 153-1998
Commissioner Keith Douglass
RESOLUTION NO. 153
- 1998
A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF MONROE
COUNTY, FLORIDA IN SUPPORT OF SENATE BILL 1478 AND HOUSE BILL 3827
WHEREAS, in August 1992, Hurricane Andrew viciously hit South Florida and became the
costliest catastrophe in the history of the United States, causing $30 billion in property damage,
including $16 billion of insured losses; and
WHEREAS, an estimated 80,000 single-family homes, mobile homes and apartments or
condominium units were severely damaged or destroyed, and at least 180,000 people were
left homeless; and
WHEREAS, many residents subsequently lost the private-market insurance coverage they
will need to fully protect their homes and personal belongings in the event of another storm;
and
WHEREAS, six years later, many homeowners in South Florida and other coastal areas still
do not have access to affordable, private insurance coverage -- despite the many measures
enacted by the State since Andrew to help reduce the industry's exposure to bankrupting
losses, including creation of the Florida Hurricane Catastrophe Fund; and
WHEREAS, this continuing lack of competition in the insurance marketplace of certain
parts of the State is wreaking economic havoc on many of our communities;
WHEREAS, the insurance industry, under cloak of Andrew, still is pushing for higher and
higher premiums; :r 0 \0
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WHEREAS, Senate Bill 1478 and House Bill 3827, "The Homeowners ~fa5!cti?"Dl
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a) Roll back homeowners' insurance rates by 15 percent; ~;""f~ '!J
b) Provide loyal policyholders protection against unfair cancellaticS ~ _
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therefore
Allow homebuyers who move to take their insurance with them;
Assure homeowners full discounts for safeguards like storm shutters;
Reduce extra charges policyholders might face from the mega-storm;
Require private insurance companies to write more policies;
Put rate decisions back in the hands of the Insurance Commissioner; now,
BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY,
FLORIDA that we hereby request swift passage of Senate Bill 1478 and House Bill 3827,
The Clerk of the Court is hereby directed to forward a certified copies of this Resolution
to the Monroe County legislative delegation,
PASSED AND ADOPTED by the Board of County Commissioners of Monroe County,
Florida, at a regular meeting of said Board held on the 8th day of April, 1998,
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BOARD OF COUNTY COMMISSIONERS
OF MO COUNTY, FLORIDA
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Mayor/Chairman
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Deputy Clerk -
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