Hey check this article out - from the Cape Cod Times.
It looks like the guys in suits Massachusetts have seen how popular the moves down in Florida have been with the voters and feel like getting themselves a piece of the action.
I love the quote "People's insurance rates are exploding upwards... " we're trying to do something about it."
So, what is 'being done'?
Build better sea defences? Do something about global warming? Invest in hurricane shelters and early warning systems? Tighten up on building codes?
Nah - just ignore the reason why premiums are rocketing in the first place - and subsidise!
Prediction: If this gets through, FAIR will be the biggest insurer in Massachusetts within five years!
Keep on keeping on...