Categories
Uncategorized

“Small government” DeSantis convening legislature to figure out property insurance industry screwed up by lack of regulation

With billions in property damage from the last hurricane alone, Florida’s property insurers were screwed, but it was just the latest blow to an industry that has survived primarily because they get bailed out by the government after every natural disaster–and from hurricanes to sinkholes to conservatives in The Villages setting things on fire–there’s a lot in Florida that needs covering.

But according to Politico, Republican Florida Governor Ron DeSantis is going to bring the state’s legislature into a special session to fix the industry, which if it follows the way Republicans have fixed things in the past, it’s fucked.  “It costs way more to replace a roof today than it did just three years ago,” DeSantis said in a statement apropos of nothing. “So we need to do everything we can to push back on that and fight for a more competitive market where rates are incentivized to go down.”

The bigger problems for Florida property insurers are pretty obvious to anyone who isn’t a conservative:  Florida is a low-lying, flat state that was once swampland surrounded by water as hurricanes are becoming more powerful and water levels are rising due to climate change.  Add to that crappy building codes put in place by Republican-led state and county governments and you’re looking at year after year of massive claims that only the might of the federal government could cover.  For the industry to survive in Florida, it needs to increase its rates to the point that most people couldn’t afford to live there, but because DeSantis is a self-serving Republican, he’ll promote a tax break for everyone as a way to cover the fact that he’s relying on the socialist payouts from the government to do what the private sector cannot.

Created by potrace 1.16, written by Peter Selinger 2001-2019

Fox News reject fails upward to Deputy FBI Director

10 hours ago

Orange Fuhrer freaking out over Michael Wolff book, again

15 hours ago

Frederich Merz on track to become next German chancellor

18 hours ago

Cleanup on Aisle MAGA

20 hours ago

Regime to deport unaccompanied undocumented minors to protect them from sex trafficking and other exploitation: memo

21 hours ago

Jeffries not ready to lift a finger to help House GOP fund government

21 hours ago

Fox News excited Idaho maniac could face firing squad

22 hours ago

Pope Francis in “critical condition”

2 days ago

WATCH LIVE: CPAC shitshow, Day 3

2 days ago

“ELON IS DOING A GREAT JOB, BUT”

2 days ago

Missouri Republican intros bill creating pregnancy registry

2 days ago

Movie Night Friday: Everest

2 days ago

Massachusetts teenagers rescued from waist-deep snow

2 days ago

Nice “gotcha” there, you fucking idiot

3 days ago

Acting ICE director sacked

3 days ago

Dow Jones sinks below January 20th level

3 days ago

“This is a deeply personal matter that is being unfairly exploited for political purposes”: Cory Mills’s not-wife after alleged assault

3 days ago

Report: Trump to join Putin for World War II victory parade

3 days ago

Capitol Police arrest Enrique Tarrio

3 days ago

Patriotic Red Stater chooses to celebrate Second Amendment

3 days ago

Judge appoints special counsel to fight Adams dismissal

3 days ago

“Eggs, I’m hearing so much about eggs”

3 days ago

MAGA Congressman Cory Mills under investigation for assault

3 days ago

Ronny Jackson evidently a Paramount+ subscriber

3 days ago

WATCH LIVE: MAGA cosplay fan-con, Day 2

3 days ago

Florida man and alligator both win fight

3 days ago

Orange Asshole lets James Carville get to him

3 days ago

Shoving Jim Acosta out the door sees real results for CNN

3 days ago

Conscientious Amtrak passenger keeps undershirt and briefs on

3 days ago

Hong Kong Democrats no longer in disarray

3 days ago

Fox News reports tiny red dots of liberty cropping up in Blue State

3 days ago

“He had been a supporter of President Trump prior to the layoff”

3 days ago

Canada 3 – USA 2 in Four Nations Face-off Final

3 days ago

Constituents boo Georgia MAGA Congressman defending DOGE

3 days ago

Orange Empire to vanquish Haitian refugees

3 days ago

WATCH LIVE: Orange American hosts Black History Month show

4 days ago

Venezuelan refugees sue Trump regime over status removal

4 days ago

Illinois Sudetenland bill passes Indiana state House

4 days ago

Scorecard February 2025

4 days ago

Moscow Mitch calls it quits

4 days ago

Orange Pharaoh’s first month 5 percent underwater: poll

4 days ago

WATCH LIVE: CPAC cult gathering 2025, Day 1

4 days ago

Fat bastard taunts Canada’s goons

4 days ago

Right wing extremist social media platform blocked in Ukraine

4 days ago

“This sounds to some like a threat to Mr Musk”

4 days ago

Majority says Trump hasn’t done shit to lower prices: CNN poll

4 days ago

New York Post photo editor trying to get fired

4 days ago

FBI warned Thom Tillis about voting against Pete Hegseth

4 days ago

Ninth Circuit tosses Trump bid to remove block on birthright ban

4 days ago

MAGA dickhead intros impeachment articles against Obama judge

5 days ago

x
x
x
x
x
x