More good news for home owners

Home owners insurance is likely to go up.

Just what we needed to hear.

Even if we manage to go through another hurricane season relatively unscathed it won't matter.

According to news reports, roughly half of the more than 200 insurance companies doing business in Florida paid out more than they collected in premiums the first half of this year.

It makes you wonder.

We haven't experienced a hurricane or tropical storm since 2005.

And rates are expected to go up?

Sheesh.

When P.T. Barnum uttered his famous line -- "There's a sucker born every minute" -- he must've had us Floridians in mind.