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WASHINGTON–Insurance industry trade groups are taking strong offense to pre-holiday remarks by Florida Gov. Charles Crist that the industry is “breaking its promises” to cut homeowners’ insurance rates to Florida residents.

Comments by Property Casualty Insurers Association of America (PCI) and the National Association of Mutual Insurance Companies (NAMIC) are in reaction to remarks made by Gov. Crist, published by the South Florida Sun-Sentinel on July 3.

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