RON DESANTIS HAS RAKED IN $3.9 MILLION FROM INSURANCE INDUSTRY, NEW REPORT REVEALS – By Daniel Boguslaw (The Intercept) / May 3, 2023
The governor has overseen a dramatic rise in home insurance premiums and legislative giveaways to insurance companies.
FLORIDA GOV. RON DESANTIS and his political action committee have received millions of dollars from insurance stakeholders as he has overseen massive giveaways to the insurance industry, according to a new report. Florida homeowners, meanwhile, face ballooning insurance prices and are under increasing economic strain in one of the states hardest hit by climate change.
The governor’s committee and the Friends of Ron DeSantis PAC raked in $3.9 million from the insurance industry since its formation in 2018, according to a report released Wednesday by Hedge Clippers, a campaign organized by the Center for Popular Democracy, “including more than $150,000 in one day from dozens of State Farm agents.” The governor’s inaugural fund was also backed by a combined $125,000 from two property casualty insurers, People’s Trust Insurance and a subsidiary of Heritage Insurance.
“DeSantis is not only failing to hold the insurance industry accountable,” reads the report. “Critically, he is failing to bring down rates for Florida homeowners.” The American Federation of Teachers and Florida Rising, a grassroots voting rights and organizing group, also contributed to the report, titled “How Ron DeSantis Sold Out Florida Homeowners.”
CONTINUE > https://theintercept.com/2023/05/03/ron-desantis-insurance-industry/
