When scanning the landscape and wreckage that was 2007, there is only one conclusion to make: Charlie Crist won. Not only did he become elected governor, he won the hearts and minds of Floridians, and using that political capital, he spearheaded the most pro-consumer, anti-industry, legislative agenda in memory. Give the man credit; he held no cards to his vest and did exactly what he said he would do while the industry looked on almost in shock. After the successes of passing major workers’ comp and medical malpractice reforms under former Governor Jeb Bush, the industry finally came up against the unmovable object. That is what happens when a true believer rides into town with a 77 percent approval rating. And it is also what happens when the industry tries to convince the public the sky is falling while the sun shone uninterrupted through two hurricane seasons.

And then there was the legislature that, confronted by Crist, jumped on the bandwagon, and made the most drastic changes to the property market that far exceed any market reforms thought possible. Left helpless, the industry tried to end the year by securing at least one victory in the form of ending the state’s personal injury protection law. The industry waged a year-long battle to try and convince lawmakers and the public that the system should undergo major reforms or expire. But failing to make its case, combined with a legislature who was breathing easier after an uneventful hurricane season, the industry could do little by watch as the trial bar and health-care providers carried the day.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • 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.

Already have an account?


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.

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.