Originally Posted by
SoFloFlyer
I’ve read that it’s because Florida has gotten hit with some pretty bad hurricanes in consecutive years that insurance companies don’t think it’s worth the hassle to stay in Florida
This sounds more plausible. Insurance rates are based on risk and loss.
Suggesting the Florida insurance crisis is because of homeowner fraud (happens everywhere), or an "insurance law" that is not new, and may or may not be unique to Florida, and could be changed by the Florida legislature as the cause, doesn't pass the smell test. It sounds like a story being fed to the stupid, to not discuss the real reasons insurance companies are looking at the risks and saying "no thanks".