REMINDER: Ron DeSantis’ Disastrous Economy is Costing Floridians
August 24, 2023
Ron DeSantis’ disastrous economic agenda has left Floridians struggling with some of the highest housing and health care costs in the country and skyrocketing insurance rates. Meanwhile, he’s happily lined the pockets of Florida’s ultra-wealthy and big corporations, giving them handouts at the expense of working families.
Under Ron DeSantis, Florida has become an inflation hotspot and one of the most expensive places to live in the country.
CNN: “Florida is now America’s inflation hotspot”
Politico: “Rising cost of living in not quite so free Florida”
Orlando Sentinel: “Many teachers, firefighters, nurses and other middle-class workers in Florida can’t afford the price of a new home, and those who have homes can’t afford the rising insurance costs, even for folks who live far from coastal zones that are prone to hurricanes and flooding.”
DeSantis gave handouts to major insurance companies and signed legislation to shield corporations from consumer lawsuits — all while Florida homeowners continue to see rising premiums.
News Service of Florida: “Gov. Ron DeSantis on Friday quickly signed a bill aimed at helping shield businesses and insurance companies from lawsuits. … The heavily lobbied bill includes a series of steps to try to limit litigation against businesses and insurance companies.”
Miami Herald: “Gov. Ron DeSantis and state lawmakers have responded by making it harder to sue insurance companies and assigning $3 billion to help them withstand storm seasons. A report by the state’s Office of Insurance Regulation released last week indicated that the industry broke even during the first quarter of 2023, after years of heavy losses. But the legislation has failed to reduce premiums for homeowners. Premiums continue to go up, according to the office’s report.”
CNN: “Homeowners in the state pay private insurers about $6,000 a year, compared to a national average of $1,700.”
Orlando Sentinel: “Florida insurance firms, not homeowners, reap benefit of $2 billion taxpayer-financed fund”