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President Biden: The NEW one and only politics thread

Discussion in 'Sports and News' started by Moderator1, Jan 20, 2021.

  1. melock

    melock Well-Known Member



    Low energy.
     
  2. Brooklyn Bridge

    Brooklyn Bridge Well-Known Member

    Let’s not forget the old “he had so much respect for the office, he never took off his suit jacket”
     
    BitterYoungMatador2 and garrow like this.
  3. Smallpotatoes

    Smallpotatoes Well-Known Member

  4. Neutral Corner

    Neutral Corner Well-Known Member

    Florida lawmakers, too busy with culture wars, missed an actual crisis

    https://www.washingtonpost.com/opinions/2022/05/19/florida-property-insurance-special-session/

    Florida is facing a property insurance crisis so dire that Gov. Ron DeSantis (R) has ordered state lawmakers back into a special session next week to fix it. That’s because the Republican-run legislature squandered weeks of the regular session trying to control what teachers and corporations can say and do instead of addressing a mess that alarms millions of Floridians: a meltdown in the home insurance market.

    Yes, Florida is vulnerable to hurricane damage, but so are other Gulf Coast states, and their property insurance markets are not in disarray. That’s because this crisis is man-made, having less to do with destructive hurricanes than with two other Florida trademarks: greed and fraud.

    But first, let’s look at what Floridians face: skyrocketing property insurance premiums, up 25 percent from 2020 to 2021 on average, but in some cases tripling in one year, according to the Insurance Information Institute, a nonpartisan, nonprofit trade group that tracks industry trends.

    The average cost of homeowner’s insurance in Florida was $3,600 in 2021, double the rate for the rest of the country.

    That’s if you can even get insurance. In the past 12 months, more than 400,000 Florida home policies have been dropped, most of them in the past 90 days, according to the institute.

    One insurance holding company this week announced 68,200 cancellations. Three other companies have been declared insolvent this year. Florida insurance underwriting losses are projected at more than $1.6 billion for 2021.

    “It’s the most volatile property insurance market in the country, and it’s headed for collapse,” says Mark Friedlander, the institute’s spokesman. Cue the special session.
     
    maumann and sgreenwell like this.
  5. goalmouth

    goalmouth Well-Known Member

    Don't say liability.
     
  6. Brooklyn Bridge

    Brooklyn Bridge Well-Known Member

  7. Azrael

    Azrael Well-Known Member

  8. garrow

    garrow Well-Known Member

  9. melock

    melock Well-Known Member

     
    garrow likes this.
  10. TigerVols

    TigerVols Well-Known Member

    [​IMG]
     
    wicked, DanielSimpsonDay and Mngwa like this.
  11. Neutral Corner

    Neutral Corner Well-Known Member

    The hearings next month promise to be interesting. They may or may not make a dent, but at least they'll be revealing what they found out.
     
  12. Inky_Wretch

    Inky_Wretch Well-Known Member

    “Gentile politics”

     
    cyclingwriter2 likes this.
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