Florida is losing its luster for many residents..., who are scouring for homeowners' insurance after two ferocious hurricane seasons and struggling to pay for what they find.... In some ways, the higher rates are forcing Florida residents to confront the real costs of living in a hurricane-prone region, and many say life in the tropics may not be worth the price.
As well they should. But instead they want someone else to bail them out.
Abandoned by insurers with cold feet and empty pockets, homeowners are increasingly turning to the Citizens Property Insurance Corporation, the state-created insurer of last resort....Homeowners in some hard-hit areas have united and taken their outrage to Tallahassee, the state capital. Fair Insurance Rates in Monroe, a group formed at a backyard party in Key West, now has more than 4,000 members and successfully lobbied to have Citizens' homeowner rates in the Keys frozen at October 2005 levels until the state can review again.
Visiting Kaohsiung almost every year, which is truly tropical in that it's south of the tropic of Cancer, I can't see the attraction of the heat and humidity.
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