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"Florida Making Wrong Waves Over Homeowner Insurance Crisis"



Republican Florida Gov. Charlie Crist, who keeps mysteriously appearing on lists of possible veep picks for Sen. McCain, has repeatedly defied economic logic and fairness in his interventions into the deeply troubled market for homeowners' hurricane insurance in his state. In a paper (PDF) for Washington Legal Foundation, Victor Schwartz and Phil Goldberg of Shook, Hardy and Bacon note that Crist "has personally solicited mass tort lawyers to investigate and sue the industry" -- the latest of many reasons to suspect that future catastrophes to hit the Sunshine State will be not entirely meteorological in origin.

P.S. Steve Bousquet of the St. Petersburg Times reported last month that "trial lawyers are back in force" in Florida's capital, with the enthusiastic support of Gov. Crist, who announced early in his term that "Lawyers are back!"; they've scored victories that include the deep-sixing of an Orlando mass transit plan (on the grounds that it shielded railroads from litigation) and the defeat of proposed limits on contingency fees chargeable by outside lawyers to the state as plaintiff.

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Isaac Gorodetski
Project Manager,
Center for Legal Policy at the
Manhattan Institute
igorodetski@manhattan-institute.org

Katherine Lazarski
Press Officer,
Manhattan Institute
klazarski@manhattan-institute.org

 

Published by the Manhattan Institute

The Manhattan Insitute's Center for Legal Policy.