Filed Under:Agent Broker, Agency Management

GOP Election Does Not Guarantee Veto Overrides

On Nov. 16, Florida legislators returned to Tallahassee for a quick three-hour special session during which many hoped they would take up measures dealing with both workers' compensation and property insurance.

Earlier this year, Gov. Charlie Crist had vetoed two bills that dealt with both types of insurance, but incoming GOP leaders had sent out signals this fall that they were ready and willing to override those and other vetoes. It takes a two-third vote of each chamber to override a veto.

The bill had been a top priority of Chief Financial Officer Alex Sink and groups like AIF; supporters said it would save about $34 million a year for employers. Perdue said that it had been estimated that the change would have trimmed next year's workers' compensation rate hike by 1.1 percent. Rates will go up 7.8 percent in January.

The bill was opposed by many in the medical community, including the Florida Medical Association (FMA).

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