The Florida governor has been hit with numerous issues in his home state in quick succession, while still struggling on the 2024 campaign trial.
On average, Floridians are currently spending around $4,200 a year on property insurance, compared to the national average of approximately $1,700, according to the Insurance Information Institute.
Florida recently had a policy where insurers had to not only pay the legal fees of any policyholder who won a lawsuit filed against them, but also pay for their own legal costs if they themselves won. "We continue to work with the Office of Insurance Regulation to monitor the market's stability," Redfern added."Even the most aggressive reforms will take time."
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