Real Estate News 04/21/08
HOMEOWNERS INSURANCE
Headed into the final two weeks of the legislative session, several property insurance bills winding through the state House and Senate are like hurricanes - they’re moving slowly, gaining speed and could hit homeowners hard.
FEDERAL REGULATION
Many conservatives now think the government needs to get more involved in regulating the financial aspects of the housing industry, even if it goes against their philosophical position concerning limited government interference in business and individuals’ lives.
HOUSING AND URBAN DEVELOPMENT
President Bush on Friday chose Small Business Administration Administrator Steve Preston to take over as head of the government’s housing agency at a time of crisis in the industry. Democrats praised him as a problem-solver.
HEALTH INSURANCE
The Florida House early Saturday passed a massive plan to make affordable, bare-bones health insurance available for Floridians. A less wide-ranging proposal has already passed the Senate, and now the two groups must work out their differences before sending a final proposal to Govenor Charlie Crist.
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