Resolution 2007-041
RESOLUTION NO. 2007 41
A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF
COLLIER COUNTY, FLORIDA, ESTABLISHING SUPPORT FOR THE
STATE LEGISLATORS' EFFORTS REGARDING STATE INSURANCE
REFORM
WHEREAS, in an e-mail dated November 2, 2006, and during our pre-legislative
workshop on November 8, 2006, the Board of County Commissioners expressed its
concern with the insurance crisis in the State of Florida and suggested some
fundamental changes; and
WHEREAS, on January 23,2007, the Board of County Commissioners reviewed
the efforts being made by the State Legislature in addressing the insurance crisis; and
WHEREAS, the Board of County Commissioners found that the insurance crisis
directly affects Collier County residents and all citizens of the State of Florida; and
WHEREAS, the Board of County Commissioners is concerned that private
insurance companies are not adequately evaluating and allocating Florida's specific
risks with other states throughout the nation insured by the parent companies; and
WHEREAS, the Board of County Commissioners supports consumer choice in
the selection of insured value and deductibles for hurricane coverage;
WHEREAS, the Board of County Commissioners applauds the first step of the
State legislature in allowing insureds to exclude windstorm coverage from their policies
if the mortgage company also approves. The new legislation also provides that
consumers may increase deductibles, also with the approval of the mortgage company.
Finally, consumers will also be able to exclude contents insurance and thereby lower
their premiums.
WHEREAS, the Board of County Commissioners supports requiring the
"hardening" of structures by upgrading building codes. The new legislation requires
insurance companies to offer discounts to citizens who strengthen their homes; and
WHEREAS, the Board of County Commissioners finds that Citizens Property
Insurance must be reviewed and should offer rates competitive with private insurance
companies; and
WHEREAS, the Board of County Commissioners applauds new legislation
reducing Citizens Property Insurance rates, however the Board of County
Commissioners encourages further overhaul of Citizens Property Insurance; and
WHEREAS, the Board of County Commissioners supports efforts to create a
national wind insurance program similar to the National Flood Insurance Program; and
WHEREAS, the Board of County Commissioners strongly opposes any change
to the catastrophic cap or re-insurance program which transfers risk from the insurance
companies to Florida property owners; and
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY
COMMISSIONERS OF COLLIER COUNTY, FLORIDA, that the Board of County
Commissioners strongly supports insurance reform that will result in immediate rate
reductions and consumer choice for all Florida property owners. The Board of County
Commissioners applauds the State legislature in efforts to reform insurance in Florida
and encourages the legislature to continue its efforts in addressing these specific items
of concern to all Florida citizens.
PASSED AND DULY ADOPTED by the Board of County Commissioners of
Collier County, Florida, this 1.J7), day of ~hrua1 ,2007.
ATTEST: . .
DWIGHT e.~ SRDQ),.CLERK
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BOARD OF COUNTY COMMISSIONERS
COLLIER COUNTY, FLORIDA
By; Ja~W
Attftt.,. to "Chi.,.<'
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Approved as to form and
legal suffiCiency:
(lfffuJAfJ1 Jfr ~
Colleen M. Greene
Assistant County Attorney
07-BCC-00289/2