04/10/2026
Insurance “regulators” continue to push a false narrative on what is happening regarding property insurance in Florida, while journalists continue to report on what is actually happening. Three big issues continue to thrive despite what politicians and regulators claim.
1. Many homeowners involuntarily became customers of start-up companies without proven track records, thanks to the state’s decision to offload customers of the state-run Citizens Property Insurance Corp. Forget names like Allstate and State Farm. Many homeowners suddenly found themselves paying much-higher premiums to companies that didn’t even exist a few years ago.
2. Some companies play shell games with their profits, shipping them out of state to make it look like they’re struggling to get by in Florida — and get help from the state hiding that information as well.
3. There are questions about whether some of these new companies could even pay all their claims if a big disaster strikes, with the state keeping that information hidden as well. You can’t, for example, find out if your own insurer failed the state’s financial “stress tests.”
CBS News has tied all three of those issues together in an exposé: “Florida homeowners were forced into a new insurance company. Whistleblowers say it siphoned millions in profits.”
You’ve seen some of the headlines pumping up the false narrative, like a guest column from the head of the Florida Chamber of Commerce: “Floridians are benefiting from insurance reforms.” And one from the president of the Professional Insurance Agents of Florida: “DeSantis insurance reforms are working.” And even one coming straight from a Governor Ron DeSantis press release, claiming “Florida’s Reforms Deliver Results.” The insurance lobby wants you to know you have it good while policy premiums have continued to rise across the boar, while coverage has shrunk dramatically, and more exclusions and limitations are added to policies.
So how can both things be true - that most people have seen continually rising premiums while the governor and insurance industry are citing cuts? Because the governor and industry are cherry-picking data. Basically, you’re being gaslit.
