OK

This is only a Preview!

You must Publish this diary to make this visible to the public,
or click 'Edit Diary' to make further changes first.

Posting a Diary Entry

Daily Kos welcomes blog articles from readers, known as diaries. The Intro section to a diary should be about three paragraphs long, and is required. The body section is optional, as is the poll, which can have 1 to 15 choices. Descriptive tags are also required to help others find your diary by subject; please don't use "cute" tags.

When you're ready, scroll down below the tags and click Save & Preview. You can edit your diary after it's published by clicking Edit Diary. Polls cannot be edited once they are published.

If this is your first time creating a Diary since the Ajax upgrade, before you enter any text below, please press Ctrl-F5 and then hold down the Shift Key and press your browser's Reload button to refresh its cache with the new script files.

ATTENTION: READ THE RULES.

  1. One diary daily maximum.
  2. Substantive diaries only. If you don't have at least three solid, original paragraphs, you should probably post a comment in an Open Thread.
  3. No repetitive diaries. Take a moment to ensure your topic hasn't been blogged (you can search for Stories and Diaries that already cover this topic), though fresh original analysis is always welcome.
  4. Use the "Body" textbox if your diary entry is longer than three paragraphs.
  5. Any images in your posts must be hosted by an approved image hosting service (one of: imageshack.us, photobucket.com, flickr.com, smugmug.com, allyoucanupload.com, picturetrail.com, mac.com, webshots.com, editgrid.com).
  6. Copying and pasting entire copyrighted works is prohibited. If you do quote something, keep it brief, always provide a link to the original source, and use the <blockquote> tags to clearly identify the quoted material. Violating this rule is grounds for immediate banning.
  7. Be civil. Do not "call out" other users by name in diary titles. Do not use profanity in diary titles. Don't write diaries whose main purpose is to deliberately inflame.
For the complete list of DailyKos diary guidelines, please click here.

Please begin with an informative title:

Rick Scott
Florida Gov. Rick Scott
If this isn't crooked, it's only because we've defined crookedness down so much that it doesn't exist anymore:
Two months after contributing $110,000 to Gov. Rick Scott's re-election campaign, an upstart property insurance company is likely to reap a $52 million windfall, paid from the coffers of Citizens Property Insurance Corp.
Here's the deal. Citizens Property Insurance Corp. is a state-run Florida insurance company. Because Florida has hit a lucky streak over the last years and not had as much hurricane damage as they had feared, they're sitting on a cash surplus of $6.4 billion dollars. But that surplus could go away if a devastating hurricane season does hit, and (shudder) there's even the possibility that a future bad hurricane could force the state to raise taxes to pay for the damage, so the governing state Republicans have a great plan to deal with that: They'll pay private companies to take profitable policies off their hands. (The premise is that this will mitigate possible losses later, presumably because if any of these smaller, privatized insurance companies were to later fail the state would tell disaster victims that were clients of those smaller firms to piss off.)

In this particular case, that has led to that not-too-unique special business flower: A new company apparently formed specifically to go after a single government contract and reap the rewards, and whose bid for the free government money consists in large part of investing in politicians:

Sitting on a record cash surplus of $6.4 billion, Citizens is hoping to sign a special deal today with Heritage Property and Casualty Insurance Co., a St. Petersburg firm that opened nine months ago and has made significant political contributions.

Heritage has donated more than $140,000 to Scott and the Republican Party of Florida in recent months, and spent tens of thousands more lobbying the Legislature.

A nine-month-old company that's donated $140,000 to Rick Scott and the Republican Party, and which is now suddenly in line for $52 million in government money? Wow. That's not at all crooked-sounding. Note, especially, that Heritage donated its first $30,000 to the Florida GOP only two months after the company was founded—and the other $110,000 to Rick Scott just two months ago, while Heritage was in the midst of lobbying Scott and state legislators for the contract.

This isn't even a one-time thing:

It's the second time this year Citizens is looking to subsidize an upstart private insurer using its massive surplus, which has been built up over seven years as the state has dodged hurricanes. In February, Citizens' board approved a deal with Weston Insurance, agreeing to pay the young company $63 million to take out 30,000 policies. Weston has spent more than $250,000 on lobbying this year, and two of Citizens' seven board members abstained from voting because of conflicts of interest.
There's even more sketchiness to all this, including an apparent government-to-private-sector revolving door racket by one of the participants. If nobody ends up in jail because of this then it's Florida's own fault. You elect crooks to write your laws, they're going to write crooked laws.
Intro

You must enter an Intro for your Diary Entry between 300 and 1150 characters long (that's approximately 50-175 words without any html or formatting markup).

Extended (Optional)

Originally posted to Hunter on Wed May 22, 2013 at 12:44 PM PDT.

Also republished by State & Local ACTION Group, DKos Florida, and Daily Kos.

EMAIL TO A FRIEND X
Your Email has been sent.