Florida CFO Jeff Atwater is again asking: "Why have rates not come down?" 

In August Atwater (pictured) asked Insurance Commissioner Kevin McCarty the same question, and received an answer. Then, McCarty stated there was not a direct correlation between an insurer's reinsurance costs and premiums. Reinsurance is just a part of a homeowners' insurance bill, he told Atwater. 

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.