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Preview of Dasantis: Homeowners insurance in Florida is a precarious mess that was years in the making

 
Uncle Gintel

User ID: 81913071
United States
08/16/2022 08:06 AM

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Preview of Dasantis: Homeowners insurance in Florida is a precarious mess that was years in the making
Florida’s crumbling homeowners insurance market is exposing one of the state’s long-running flaws: its reliance on a single company to certify the majority of the state’s insurers.

For the last few weeks, state regulators and Gov. Ron DeSantis’ administration have been scrambling to contain the fallout after the state’s primary ratings agency, Ohio-based Demotech Inc., warned of downgrades to roughly two dozen insurance companies, according to the state.


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Omg...you mean Republicans run big monopolies and actually don't promote free enterprise.





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