Then Hurricane Ian slammed into Florida's west coast, killing at least 74 people and inflicting tens of billions of dollars in property damage.
1. While @RonDeSantisFL was fighting the culture wars, banning CRT and shipping migrants to Martha's Vineyard, he failed to meaningfully address Florida's dysfunctional and collapsing property insurance market
And now things are going to get much
Then Hurricane Ian slammed into Florida's west coast, killing at least 74 people and inflicting tens of billions of dollars in property damage.
Floridians pay an average of "$4,231 a year per [property insurance] policy, compared to a US average of $1,544."
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If Citizens runs out of money, Florida law "allows [Citizens] to assess non-customers to pay out claims."
A "hurricane tax."
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The session resulted in lowering the threshold for the industry to access taxpayer-financed reinsurance by $2 billion.
This didn't meaningfully address the problem.
Advocates warned it was "an industry bail-out that won’t result in savings to consumers."
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Despite the reinsurance fund, many insurers continued to apply for double-digit rate increases.
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Follow the State Farm money.
Strengthening the public reinsurance fund was opposed by "large insurance companies that can buy reinsurance from their own subsidiaries."
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On August 1, 2022, DeSantis collected "nearly 200 separate checks from insurance agents or their firms," totaling about $150,000.
The effort, according to Politico, was "coordinated by State Farm."
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It's free to sign up.
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More from Judd Legum
1. @NYGovCuomo became a pandemic star by contrasting himself with Trump
Cuomo crafted an IMAGE of being determined, honest and grounded in science
But 11 months later this image is falling apart
Follow along for a FACTUAL assessment of Cuomo's
2. Cuomo WROTE A BOOK, published in October, celebrating his own leadership during the pandemic.
Cuomo writes that NY had "confronted and defeated" the virus, and had "achieved what all the experts told us was impossible."
Today, things look
3. Today, New York has 338 people hospitalized with COVID per million residents.
This is the HIGHEST NUMBER IN ANY STATE by a considerable margin.
https://t.co/Hl4fsFxB6l
4. Overall, 46K New Yorkers have died of COVID, which trails only California (47K), a state with 2x as many people.
On a per capita basis, New York has had more deaths than every state but New Jersey.
Cuomo made decisions that made things
5. A new report by NY AG Letitia James (D) found Cuomo's order requiring nursing homes to accept residents w/COVID "may have put residents at increased risk of harm"
Cuomo dismissed criticisms of his nursing home policies in his book as
Cuomo crafted an IMAGE of being determined, honest and grounded in science
But 11 months later this image is falling apart
Follow along for a FACTUAL assessment of Cuomo's
2. Cuomo WROTE A BOOK, published in October, celebrating his own leadership during the pandemic.
Cuomo writes that NY had "confronted and defeated" the virus, and had "achieved what all the experts told us was impossible."
Today, things look
3. Today, New York has 338 people hospitalized with COVID per million residents.
This is the HIGHEST NUMBER IN ANY STATE by a considerable margin.
https://t.co/Hl4fsFxB6l

4. Overall, 46K New Yorkers have died of COVID, which trails only California (47K), a state with 2x as many people.
On a per capita basis, New York has had more deaths than every state but New Jersey.
Cuomo made decisions that made things
5. A new report by NY AG Letitia James (D) found Cuomo's order requiring nursing homes to accept residents w/COVID "may have put residents at increased risk of harm"
Cuomo dismissed criticisms of his nursing home policies in his book as