• silence7@slrpnk.netOPM
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    1 month ago

    I believe the state insurer there (Citizens) is undercapitalized. There’s a very good chance that Florida will be forced to collect supplemental assessments from everybody who has any kind of insurance policy there.

    • Lugh@futurology.today
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      1 month ago

      I’m surprised there isn’t more movement to just completely ban building in these areas. Getting everyone else to cover the cost of their predictable destruction seems very unfair.