At the time of this report, March of 1977, Florida's economic condition was similar to what it is today. For many families, bills were piling up and difficult choices had to be made about how to prioritize the household budget. The Insurance Commissioner's 1977 report again illustrates just how difficult the situation was. Thousands of Floridians were telling him they could no longer afford automobile insurance at the "impossible rates."
I don't have to tell Mr. Gunter that families across our state are struggling.
As a former elected official, Mr. Gunter understands the plight of average Floridians who struggle to meet their daily obligations.
How do I know that he understands? Because the report to the Legislature that I have referenced and which so keenly summarized the feelings of thousands of Floridians — the report that is overtly critical of the failed efforts to deregulate insurance rates and offers detailed proposals on how to increase regulation and oversight of insurance companies — was written by Bill Gunter.
