After years of fighting between politicians and Florida's property insurers, it appears that the state's private carriers may be on the verge of getting the ability to raise their rates by a limited amount.
The only question is whether such an approach is enough to win over a majority of the Republican-led Legislature and Gov. Charlie Crist. Last year, Crist vetoed a bill that would have given major insurance carriers the ability to avoid rate regulation altogether.
Initially, there was another push during the 2010 session for the deregulation, or the so-called "consumer choice" bill, but the veto fears and a potential political backlash during an election year have dimmed its prospects for passage.
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