Baldwin County lawmakers pledged that other Republicans would join them to block road-building bills in the state Legislature until money is provided to ease insurance problems in Mobile and Baldwin counties.
“Before money is spent on other projects, we’re going to get some help,” state Sen. Trip Pittman, R-Montrose, told a group of more than 200 people gathered Monday night at the Baldwin County Coliseum.
The senator said he wants $40 million to $50 million to fund a proposed captive insurer, or for some other kind of mechanism to lower insurance premiums in coastal areas
Lawmakers tell Baldwin group they’ll block road bills to force action on insurance rates
3 comments ↓
Chuck, it’s about time the rest of the state stopped feeding on the coast like a tick. Not only do our schools pay out due to equity funding, but our tourism dollars are unparalleled in throughout the state. Our high insurance rates help to supplement lower rates elsewhere in the state, it’s high time we were treated like hard working alabamanians and not cash cows!
On a side note, have you started watching chuck yet?
I’d sure like to have lower insurance rates on my estate but I’m still not convinced that government intervention is the best solution. Why can’t the open market work for insurance rates?
I haven’t watched that TV show yet. I’ll have to figure out when it’s on and give it a shot.
Chuck,
The problem is that the only people writing policies down here are Geovera and Met, Alfa won’t touch the beach pool, neither will state farm.
Another big issue is that politics are already involved. The free market (Alabama Farmers Federation) is already politically active and regularly pushes policy that benefits their business. This isn’t competitive free markets, but a dirtier form of competition that Ayn Rand loathed…
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