More insurance companies are fleeing the state because of the growing threat from natural disasters.

More insurance companies are fleeing the state because of the growing threat from natural disasters.

  • stopthatgirl7@kbin.social
    28·
    1 year ago

    IIRC, that’s part of why they’re pulling out of Florida. DeSantis made it law that they can’t change premiums based on climate change, so they’ve decided it makes more sense for them to pull out than risk huge payouts when they can’t change premiums.