New Video: Ron’s Insurance Crisis
TALLAHASSEE — As Hurricane Ian was bearing down on Florida, the sixth private insurance company this year was declared insolvent in our state. Florida’s property insurance market is in crisis. Since Governor Ron DeSantis took office, property insurance premiums in the state have increased by 112.8%. Property insurance rates in our state are the highest in the nation, with Floridians now paying an average of $4,231 per year, more than three times the national average.