For the insurance industry in Florida, the goal for 2006 will be helping state lawmakers walk the fine line between doing too much and doing too little to help the state recover from its second straight year of major hurricane losses.

For insurers, the biggest question revolves around “whether or not the legislature is going to commit itself to an energetic private market, or whether it will commit to an increasingly subsidized public market,” according to William Stander, regional manager for the Property and Casualty Insurers Association of America. “We hope for the former.”

Many of the problems facing the property insurance market, explained Julie Pulliam, a representative for the American Insurance Association, stem from the reaction of lawmakers to the series of major hurricanes that buffeted the state in 2004, which “resulted in the legislature passing a law that put a lot of mandates and requirements on the industry.”

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