Florida’s Chief Financial Officer, Alex Sink, has suggested solutions and guidelines to the State in order to reduce the State’s hurricane risk. Sink seeks to protect homeowners that cannot bear large, one-time shocks to their homeowners insurance rates.
“There are responsible, gradual changes the Legislature can make that will begin reducing our hurricane risk exposure and will better protect Florida’s homeowners,” said the CFO. “It’s time to start making smart decisions and enacting solutions, so that Florida will be less financially exposed when a major storm hits.” – Alex Sink
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Florida CFO Sink: 4 Steps to Reduce States Hurricane Exposure.
