Top
image credit: jcomp / Freepik

Pressure mounts on DeSantis as Florida’s insurance crisis continues to unfold

November 20, 2023

Pressure mounts on Ron DeSantis as Florida continues to face a historic surge in home insurance premiums.

Florida congressman Maxwell Frost is the latest to demand that DeSantis introduce measures to address the issue, adding to previous calls that have asked the governor to prioritize the state’s property insurance crisis over his presidential bid.

Insurance premiums in Florida have tripled over the past five years, according to the Insurance Information Institute (Triple-I). Floridians now face an average yearly payment exceeding $4,200, which is a significant jump from the national average of $1,700.

Read More on Insurance Business