Last Updated on September 1, 2023
Florida Governor Ron DeSantis has come under scrutiny after a video surfaced of him admitting that Citizen Insurance is out of money. This revelation has major implications for those whose properties were damaged as a result of Hurricane Idalia, especially as hurricane season is just beginning. Critics argue that DeSantis seems more interested in running for president than addressing Florida’s insurance crisis.
The video, shared by Laura Loomer, shows DeSantis stating, “I think, as most people know, Citizens has not been solvent. If you did have a major hurricane hit with Citizens property holders, it would not have enough to pay out.”
Loomer took to Twitter to express her concerns, accusing DeSantis of creating an insurance crisis in Florida. She believes that the damage caused by Hurricane Idalia will further drive up premiums in the state. Loomer highlighted the fact that as of August 9, 2023, there are 1.35 million Citizens Insurance policies in Florida, and in the video, DeSantis himself admits that the company is insolvent.
The ramifications of Citizens Insurance being broke are significant. Loomer points out that policyholders who file claims with the company may not receive payment, leaving them financially vulnerable if their homes are damaged in future disasters. She places the blame squarely on DeSantis, urging Floridians to hold him accountable for the dire situation.
The implications of the insurance crisis are expected to be felt in the coming weeks, as claims are denied and premiums skyrocket for all Florida residents, not just those affected by Hurricane Idalia. This impending disaster could be the final blow to DeSantis’ presidential campaign, which has already faced criticism for his handling of the insurance crisis.
Critics argue that instead of addressing the issue when it first arose, DeSantis chose to focus on his political ambitions, particularly running for president. Prior to officially announcing his campaign in the spring, DeSantis spent his time engaged in a shadow campaign, diverting attention away from the pressing matter at hand. He also leveraged his political influence to change Florida law, allowing the governor to run for president while remaining in office and collecting a paycheck.
It remains to be seen whether DeSantis’ globalist connections and financial support will be enough to bail him out of this predicament. As the insurance crisis worsens and Floridians face the consequences, it is clear that DeSantis’ actions will be closely scrutinized and may impact his chances in the presidential race.
In the meantime, the focus is on the thousands of Floridians who may be left without adequate insurance coverage in the face of future natural disasters. It is imperative that a solution is found to address this dire situation and ensure that policyholders are not left vulnerable and unprotected. The wellbeing and financial security of Florida residents hang in the balance, and it is up to those in power to take swift and decisive action.