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US: Why Republicans are coughing up billions of dollars to save Florida’s insurance market

ailiphilia

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US: Why Republicans are coughing up billions of dollars to save Florida’s insurance market

Post by @ailiphilia@feddit.it »

https://grist.org/extreme-weather/florida-insurance-special-session-hurricane-ian-reinsurance-desantis-republicans/

The state's insurance companies are struggling to survive an onslaught of hurricanes and litigation. Taxpayers will end up footing the bill for all this, even if they don’t own homes that are at significant risk — or don’t own homes at all.