Gov. Jeb Bush will offer no signs of relief for Floridian home and business owners, reports the Insurance News Network today.

Bush has been working together with various committees to find solutions for the sharp spike in Florida property-casualty insurance, following the state's bout with eight major hurricanes in two years—resulting in over $24 billion in losses.

"You can't sugarcoat this," Bush said. "The price of insurance is going to have to go up, plain and simple. When you have losses that far exceed the amount of premium dollars that you take in on a consistent basis, that's not a viable business model."

According to the INN, Gov. Bush has offered to be the "bad guy" on the insurance rate issue, and will try to circumvent growing concerns during his State of the State message on Tuesday.

I'm sure quite a few residents will take Bush up on the offer, perhaps in response to a new proposal that would let private insurers increase average premiums by up to 25 percent without regulatory approval.

Nonetheless, I don't think making a scapegoat out of the governor (or anyone else for that matter) will change the high-risk status of Florida's coast. But then I've already told you what I thought about that, haven't I? :)

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Have a great weekend, everyone.