In this episode: Gov. Ron DeSantis just signed a draconian rewrite of Florida’s property insurance laws that will give homeowners less time to file claims, make it harder to sue companies that won’t pay those claims, and force hundreds of thousands of Floridians to pay higher prices. It’s bitter medicine that the governor says is necessary to save his state’s ailing insurance market. It’s also the biggest bet of DeSantis’ career.
Further reading:
Tampa Bay Times: Will rates go down? Answering questions from Florida’s insurance session
Orlando Sentinel: DeSantis defends property insurance bill, signs it into law
Insurance Journal: Florida Bills Offer Broad Attack on Insurance Costs: Legal Fees, AOBs, Reinsurance
Tampa Bay Times: When Florida’s property insurers fail, few ask why
Tampa Bay Times: Florida insurance company execs saw big payouts in years without hurricanes
Seeking Rents: Ron DeSantis could have made lawmakers reduce insurance rates by $150 a year. He was attacking immigrants instead.
Seeking Rents: Florida won't stop rising insurance rates without combating climate change
Contact: Garcia.JasonR@gmail.com
Gov. DeSanta Claus delivers a Christmas gift to the insurance industry