Nikki Fried slams Gov. DeSantis’ actions on property insurance crisis

Nikki Fried slams Gov. DeSantis’ actions on property insurance crisis

Agriculture Commissioner Nikki Fried is calling on Gov. Ron DeSantis to do more to stabilize Florida’s troubled property insurance market.

Fried, a Democrat running for her party’s nomination to replace DeSantis, wrote to DeSantis on Thursday slamming his approach to the crisis so far and calling on him to allow more flexibility in the Florida Hurricane Catastrophe Fund, or Cat Fund.

“The Florida Legislature’s attempt at a band-aid fix to a massive wound, coupled with what appears to be the state’s wait-and-see approach, are all too little, too late,” Fried wrote.

In a Special Session in May, the Legislature set up a $2 billion reinsurance program backed by taxpayer money to allow private in...

Full story at Florida Politics

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