Free to Choose

REVIEW SUMMARY
What. Residential property insurance rate regulation.
Issue. Will short term politics get in the way of lower rates in the long run?
Impact. Consumers may have fewer choices if not free to choose the best insurance company for their needs.

It's a piece of legislation aiming to give Florida consumers more choice when it comes to selecting a residential property insurer with the capacity to pay claims, but once again, one man — Gov. Charlie Crist — may end up doing the choosing for millions of Florida homeowners.

The late economist Milton Friedman would groan.