Editor’s Note: The Tallahassee Democrat published the following Letter to the Editor by Florida Insurance Commissioner Kevin McCarty on Aug. 8, 2010.

The Office of Insurance Regulation has endured many attacks from detractors regarding its solvency review for homeowners insurance companies and for measures taken by the Office prior to a company being placed into receivership – the most recent attack was from Eli Lehrer of the Heartland Institute printed in the Tallahassee Democrat. Many of these attacks have been either disingenuous or completely wrong. At best, many of these “experts” clearly do not understand the risk based solvency framework that has been successfully utilized by U.S. state insurance regulators, including Florida, to resolve issues with financially troubled companies.

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