Summary
David Jolly, a candidate for governor in Florida, is proposing that the state take over natural disaster insurance, like hurricane coverage, from private companies. He believes this plan could lower home insurance costs for residents. Florida has faced issues with rising insurance premiums and losing private insurers due to frequent natural disasters.
Key Facts
- David Jolly is running for governor of Florida in the 2026 election.
- Jolly proposes that the state manages insurance for natural disasters, such as hurricanes.
- This proposal aims to reduce home insurance premiums by up to 60%.
- Florida's private insurance market has struggled with rising costs and companies leaving.
- The state has dealt with increased natural disaster costs, partly due to more severe weather events.
- Recent storms have cost Florida billions, with disasters in the past year alone amounting to $11 billion.
- Jolly previously served as a congressman for Florida's 13th District from 2014 to 2017.
- Jolly switched from the Republican Party to become a Democrat and is now running against Republican Byron Donalds, who is currently ahead in polls.
