Monday, October 25th, 2010 — Will Floridians, who already support a state-backed property insurer and a catastrophe fund, support another public insurance entity for sinkhole coverage? Such a fund might be the "best way to go," according to John Auer, president of domestic insurer American Strategic Insurance. Auer said he likes the idea because it would "quantify the problem" of runaway sinkhole claims that are costing insurers millions and "could take some companies out."