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April 13, 2023
Florida lawmakers have sprung into action in the last several weeks in an effort to crack down on property insurance companies who have used questionable practices in the wake of natural disasters in the state.
Questions have arisen about whether former president Donald Trump had something to do with the sudden movement on the issue after he blasted Governor Ron DeSantis for allowing insurance companies to “crush” Floridians who have suffered property damage in natural disasters in recent years . On March 16, Trump posted to his social media platform, Truth Social, lambasting the Florida governor, who is also likely his biggest political rival in the 2024 GOP primary presidential election.
Referring to a measure DeSantis implemented recently that put limits on lawsuits policyholders can bring against insurance companies, Trump wrote, “Ron DeSanctimonious is delivering the biggest insurance company BAILOUT to Globalist Insurance Companies, IN HISTORY. He’s also crushed Florida homeowners whose houses were destroyed in the Hurricane – They’re getting pennies on the dollar.”
This week, the Florida Senate unveiled a new plan that would hold property insurers more accountable and regulate them more heavily. The plan also calls for heavier fines on insurance companies who are caught committing questionable acts, such as lowering claims totals and changing damage assessments after property damage had occurred.
While DeSantis has yet to make an official announcement about his candidacy for the 2024 GOP presidential primary, he is widely expected to enter the race soon. He and Trump have exchanged barbs publicly for several months now, ahead of an anticipated matchup between the two for the Republican nomination.
ARTICLE: LAURA SPIVAK
MANAGING EDITOR: LUKE MOCHERMAN
PHOTO CREDIT: CNN