FL homeowners buried by skyrocketing insurance costs after DeSantis’ handout to big insurers
https://www.alternet.org/amp/fl-home...tis-2666053449
In Whell’s World, corporations always win, while the little guy pays.
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Floricua noted that these premium hikes came after Florida Governor Ron DeSantis — also a candidate for the 2024 Republican presidential nomination — and his Republican legislature passed an overwhelmingly pro-industry legislative package in May of 2022. That legislation provided both a $2 billion taxpayer-funded reserve for insurance companies to prevent bankruptcy that they typically bought on the open market, and provisions that limited insurers' liability in court. The insurance reform bill also shortened the window of time in which homeowners could file lawsuits against insurance companies, and ended homeowners' ability to recoup attorneys' fees — even in cases they won.
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