Florida’s insurance coverage woes threaten Republican votes, says Trump ex-official

The precarious state of Florida’s insurance coverage market may trigger the Republican Social gathering to lose votes within the subsequent election, a Trump ex-official has warned.

Michael Caputo, who served because the assistant secretary of public affairs below former President Donald Trump’s Division of Well being and Human Companies, took to Twitter to focus on the importance of hurricane insurance coverage prices in Florida and the way they will affect voting conduct.

“I hold saying hurricane insurance coverage prices are a significant subject in Florida – a very basic kitchen desk concern,” he stated. “It modifications votes, for actual.

Farmers stated the choice was “essential to successfully handle threat publicity” and that it’ll solely influence insurance policies issued by the corporate’s unique company distribution channel.

“There isn’t a influence to 70% of insurance policies at the moment in drive for purchasers within the state, together with Bristol West, Foremost SignatureSM, Farmers GroupSelectSM, Foremost Alternative and Foremost-branded insurance policies,” the insurer stated in an announcement. “Such insurance policies will proceed to be out there to serve the insurance coverage wants of Floridians.”

“Florida is a must-win battleground for the GOP nomination,” the previous Trump official wrote on Twitter. “Will hurricane insurance coverage resolve it?”

Political marketing consultant Jay Townsend agreed with Caputo’s evaluation, telling Newsweek that insurance coverage value pressures would probably lead Floridians to hunt somebody guilty, doubtlessly affecting Governor Ron DeSantis’ standing.

“Even when he did nothing improper, they will ask why he did not do one thing to cease it,” stated Townsend.

Ebook voiced her criticism in a tweet, stating: “For Farmers to exit FL in the course of hurricane season — leaving policyholders excessive & dry, looking for substitute protection that’s each unaffordable & laborious to return by — is irresponsible & harmful. The state should do extra to unravel this quality-of-life subject for Floridians. Prices hold rising & insurers hold fleeing, however there’s no reduction in sight.”

Farmers’ choice to scale back its publicity in high-risk markets shouldn’t be restricted to Florida, with the corporate just lately limiting new householders insurance coverage insurance policies in California as a result of “record-breaking inflation, extreme climate occasions, and reconstruction prices persevering with to climb.”

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