DeSantis Allegedly Prioritizes Insurance Industry Donors Over Residents.

1 min read
Source: The Intercept
DeSantis Allegedly Prioritizes Insurance Industry Donors Over Residents.
Photo: The Intercept
TL;DR Summary

Florida Governor Ron DeSantis and his political action committee have received $3.9 million from the insurance industry since 2018, according to a report by Hedge Clippers. Meanwhile, Florida homeowners face rising insurance prices and economic strain due to climate change. Under DeSantis's watch, home insurance premiums have risen from $1,988 to $4,231 on average, putting Floridians under financial strain. Despite promises to lower insurance costs, rate increases have outpaced savings derived from a $2 billion reinsurance fund. DeSantis has also signed legislation that shields insurance companies from massive liability for blocking insurance claims.

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