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Derek Freihaut

Florida Chamber Summit debates who should set insurance policy rates

in Statewide/Top Headlines by

Whether insurance policy prices should be set through government regulation or left to market forces was the hot topic Tuesday for a panel of top insurance minds. “When you look at the program of protecting coastal properties, it’s been an absolute failure,” said Steven Pociask, who runs the American Consumer Institute for Citizen Research. “It subsidizes second and third homes and people [who] live in Monaco. I don’t see the point.” Pociask’s remarks were at the Florida Chamber of Commerce Insurance…

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