The wonderful state of Florida

gwb-trading said:
The wonderful state of Florida. The place seems to be just like New York or Chicago.

Police: 10 wounded in drive-by shooting in central Florida
Ten people were injured during a drive-by shooting in a central Florida neighborhood, police said.
https://www.wral.com/police-10-wounded-in-drive-by-shooting-in-florida/20696716/
More...

A lot of Conservatives do not want to admit that the state-run by DeSantis has a higher violent crime rate than New York.

Even more amazingly, it is closing in on the state of Illinois in violent crime rates in comparison to several years ago when Florida was much further down on the list in comparison to where it is now.

Regardless, Alaska (another Republican-run state) is still king of the hill by far in violent crime rate per capita. Simply, violence doesn't care if you're governed by a Republican or Democrat.

2022-Violent-Crime-States.png


wrbtrader
 
gwb-trading said:
That's some fine governing there DeSantis and Florida GOP legislature.

Florida property insurance rates expected to jump 40% to 50% in June
https://www.wfla.com/news/florida/f...ance-rates-expected-to-jump-40-to-50-in-june/
More...
Its an industry nationwide problem
https://www.businessinsurance.com/a...perty-insurance-rates-to-keep-surging-in-2023
Property insurance rates to keep surging in 2023
Property catastrophe reinsurance rates for loss-hit U.S. accounts jumped between 45% and 100% at Jan. 1 renewals, according to a Gallagher Re report issued last week.

A difficult Jan. 1 reinsurance renewal season, in which property insurers faced capacity limitations and significant rate hikes, has added uncertainty in a market already hit by Hurricane Ian and other catastrophe losses and inflation, market experts say.
 
Mercor said:
Its an industry nationwide problem
https://www.businessinsurance.com/a...perty-insurance-rates-to-keep-surging-in-2023
Property insurance rates to keep surging in 2023
Property catastrophe reinsurance rates for loss-hit U.S. accounts jumped between 45% and 100% at Jan. 1 renewals, according to a Gallagher Re report issued last week.

A difficult Jan. 1 reinsurance renewal season, in which property insurers faced capacity limitations and significant rate hikes, has added uncertainty in a market already hit by Hurricane Ian and other catastrophe losses and inflation, market experts say.
More...

Note your article is about commercial property insurance buyers -- not residential property insurance buyers. Two totally different markets. Especially in context of outlining the reinsurance market.

Lets' take a look at the opening paragraph of your article -- which for some reason you ignored.

"Commercial property insurance buyers can expect further rate hikes this year due to a confluence of factors, with catastrophe-exposed and loss-hit accounts bearing the brunt of tightening capacity and increases of 25% and higher."

Your article also cites the Florida market as the primary problem.

From the article I posted -- the residents of Florida have already endured 100% increases over the past few years.

I will also note the state's backup fund of last resort is completely underfunded and insurance companies in the state of Florida keep failing as a rapid pace. All of this is due to poor government oversight and regulation of the insurance market in Florida -- a problem that is a culmination of decades of poor government oversight in the state. However the situation has now reached crisis proportions and the policies pushed by DeSantis and the GOP state legislature to "fix" the problem are not improving much of anything.
 
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