Crist Signs Insurance Bill, Take Ceremony to People

TALLAHASSEE, Fla. (AP) - The governor has signed a bill that he and others hope will lower Floridians' property insurance costs.

The measure was passed by lawmakers in a special session Monday.

It will be the first signed by Governor Charilie Crist, who took office earlier this month.

The governor's message to Floridians was "Help is on the way."

The bill aims to cut into the skyrocketing cost of home insurance that many Florida residents have seen since the busy hurricane seasons of 2004 and 2005. Many have seen premiums more than double or triple.

Although the measure will provide some relief to a large number of home owners, how much remains murky. Estimates range from five percent for many inland customers to averages of nearly 20 percent
for others, particularly those on the coast.

(Copyright 2007 by The Associated Press. All Rights Reserved.)