Florida Insurer of last resort Citizens admits its actuaries can’t even estimate there travel expenses correctly


Florida Insurer of last resort Citizens admits its actuaries can’t even estimate there travel expenses correctly

 They admit to being off by 50% or 100% over actual expenses! Yet we are supposed to believe them when they say they need to raise rates when these same actuaries crunch the numbers and say they still need the surcharges on all insurance policies. We are supposed to Believe Rick Scott and his cronies when they say they need more reserves.

Why do they need more reserves? Well it is perfectly clear why they need more reserves. The people in charge want to eat 5 star meals and travel first or business class. One has to wonder how much of the Million Dollars of our money that they have spent on travel would have been spent if they were required to travel tourist class internationally and super saver middle seat when traveling in the USA.

 

Hell we even pay for limo service when they are at their Tampa office. We pay for luxury car lease for them and $250.00 bottles of wine. Why do they allow this? Well they republicans in charge think they are entitled to feeding on the public’s money with 5 star dining and 4 or 5 star luxury hotels. Hell we even paid $5000.00 for a weekend trip to the islands 5 star first class for a Monday meeting that could have been done via Skype for free.

 

Great work abusing the public trust. Why is our attorney general not doing something about this? Because she travels first class as well. We actually pay for her travel between her home and the office at the capital. Great work violating the public’s trust.

About martyjacobsen

dedicated to providing high quality low cost telephone and internet service to business owners
This entry was posted in citizens insurance, Flori"DAH", Pam Bondi, public corruption, Republicans, Rick Scott and tagged , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s