Judd Legum

@JuddLegum ↗

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Last Checked Oct. 15, 2022

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Mon Oct 03 12:45:08 +0000 2022

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Judd Legum @JuddLegum

10. Why didn't DeSantis do more to fix the property insurance market in Florida? Follow the State Farm money. Strengthening the public reinsurance fund was opposed by "large insurance companies that can buy reinsurance from their own subsidiaries." https://t.co/el450oM7QI — PolitiTweet.org

Posted Oct. 3, 2022

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Judd Legum @JuddLegum

9. And that's exactly what happened. Despite the reinsurance fund, many insurers continued to apply for double-digit rate increases. https://t.co/el450oM7QI https://t.co/LoAVQPZABT — PolitiTweet.org

Posted Oct. 3, 2022

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Judd Legum @JuddLegum

11. That opposition was reportedly led by @StateFarm. On August 1, 2022, DeSantis collected "nearly 200 separate checks from insurance agents or their firms," totaling about $150,000. The effort, according to Politico, was "coordinated by State Farm." https://t.co/el450oM7QI — PolitiTweet.org

Posted Oct. 3, 2022