When push comes to shove this November, could Sen. John McCain's opposition to the creation of a national catastrophe fund to back up state property insurance facilities cost him the White House? I believe it could, if enough Floridians care enough to let the Arizona Republican's position swing their vote to a more supportive Democratic candidate.
Think about it for a moment. In a close race, Florida will certainly be a crucial state. It certainly made the difference in 2000 and could do so again in 2008, especially if even a mild hurricane threatens Florida before Election Day to remind Sunshine State residents of what's at stake.
During last month's primary, Rudy Giuliani was bitterly disappointed that his fervent support for a national cat fund got him nowhere with either the electorate, nor the state's powerhouse governor, who delivered the death blow to his campaign by endorsing Sen. McCain.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
