Resolution 461-2001 410
Commissioner Murray Nelson
RESOLUTION NO. 461 -2001
A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF
MONROE COUNTY, FLORIDA, IN SUPPORT OF REPRESENTATIVE
SORENSEN AND THE KEY LARGO FEDERATION OF HOMEOWNERS
EFFORTS TO CONTROL THE ESCALATING FLORIDA WINDSTORM
UNDERWRITING ASSOCIATION'S HOMEOWNER WINDSTORM
INSURANCE RATES, TO RETURN REVIEW OF THOSE RATES TO THE
INSURANCE COMMISSIONER, AND TO END THE ASSOCIATION'S
MANDATORY REQUIREMENT THAT A HOMEOWNER PURCHASE FLOOD
INSURANCE AS A PRECONDITION TO PURCHASING WINDSTORM
INSURANCE; AND DIRECTING THAT COPIES OF THIS RESOLUTION BE
SENT TO THE GOVERNOR, INSURANCE COMMISSIONER, FLORIDA
STATE HOUSE OF REPRESENTATIVES, LESLIE WATERS, CHAIRMAN
HOUSE COMMITTEE ON INSURANCE, FLORIDA STATE SENATE, JACK
LATVALA, CHAIRMAN BANKING AND INSURANCE, AND THE COUNTY'S
LEGISLATIVE DELEGATION
WHEREAS, the premiums charged for homeowners' windstorm insurance by the
Florida Windstorm Underwriting Association (FWUA) have risen dramatically in recent years
straining all Monroe County homeowners' budgets, in some cases to the breaking point;
WHEREAS, the FWUA also requires the purchase of expensive Flood insurance
before issuing a windstorm policy;
WHEREAS, mobile homes receive only limited credit for safety improvements no
matter how extensive the safety improvements and mobile homes built before 1994 receive
no credit at all;
WHEREAS, FWUA premium increases are not reviewed by the elected State
Insurance Commissioner but a non-elected panel of arbitrators; and
WHEREAS, Key Largo resident Ed McMickle, together with the Key Largo
Federation of Homeowners and all residents of Monroe County, are spearheading a petition
drive to return FWUA insurance rates to the regulatory purview of the Insurance
Commissioner
WHEREAS, FWUA needs to reexamine and reevaluate their process for calculating
premiums; now, therefore
BE IT RESOLVED THAT THE BOARD OF COUNTY COMMISSIONERS OF MONROE
COUNTY, FLORIDA
Section 1. Hereby declares its support for Ed McMickle and the Key Largo
Federation of Homeowners protest of the endlessly escalating FWUA homeowner windstorm
insurance rates.
Section 2. Hereby declares its support of Representative Sorensen's legislative
efforts to:
a) return the review of the FWUA rates to the elected Insurance
Commissioner;
b) end the FWUA's mandatory requirement that a homeowner purchase
flood insurance as a precondition to purchasing windstorm insurance;
and
c) take any other appropriate action to limit, or rollback, FWUA
homeowner windstorm insurance rates.
Section 3. Hereby directs the Clerk to send certified copies of this resolution to
Governor Jeb Bush, Insurance Commissioner Tom Gallagher, Florida State House of
Representatives, Leslie Waters, Chairman House Committee on Insurance, Florida State
Senate, Jack Latvala, Chairman Banking and Insurance, and the County's 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 20th day of November, 2001.
Mayor Charles McCoy yes
Mayor Pro Tem Dixie Spehar yes
C• .= Murray Nelson yes
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i. ,e; -orge Neugent yes
e: ro r'1 • Williams yes
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$ -'r '`r BOARD OF COUNTY COMMISSIONERS
Atte •'�r AGE, Clerk OF MONROE COUNTY, RIDA
By Q)Oid-C By
Deputy Clerk Mayor/C irperson
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