AFTER CALLING EMERGENCY PROPERTY INSURANCE ROUNDTABLE TO HEAR FROM CONSTITUENTS, CONGRESSMAN MAXWELL FROST DEMANDS MEETING WITH GOV. DESANTIS - Insurance News | InsuranceNewsNet

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November 16, 2023 Newswires
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AFTER CALLING EMERGENCY PROPERTY INSURANCE ROUNDTABLE TO HEAR FROM CONSTITUENTS, CONGRESSMAN MAXWELL FROST DEMANDS MEETING WITH GOV. DESANTIS

Targeted News Service (Press Releases)

WASHINGTON, Nov. 16 -- Rep. Maxwell Frost, D-Florida, issued the following news release on Nov. 14, 2023:

Today, Congressman Maxwell Alejandro Frost (D-FL) sent a letter to Florida Governor Ron DeSantis calling on the Governor to meet with him to discuss Central Floridian's concerns and deliver better outcomes as Florida's property insurance market continues to collapse, leaving hundreds of homeowners uninsured in the face of unaffordable, skyrocketing costs.

Frost's letter to Gov. DeSantis comes just days after the Congressman hosted an emergency roundtable (https://twitter.com/RepMaxwellFrost/status/1724122480191606989?s=20) where local home and business owners, as well as aspiring homeowners shared their struggles to make ends meet while covering the rising costs of insurance and calls out the Governor's failure to address this crisis during last week's emergency special session of the Florida Legislature as the Governor rakes in millions from the industry (https://www.theguardian.com/us-news/2023/may/03/ron-desantis-insurance-industry-donors-florida-governor#:~:text=DeSantis%2C%20who%20ran%20a%20successful,contributions%20from%20insurance%20industry%20players.) he is supposed to help regulate.

"These testimonies are just a small sample of the stories from residents of Florida's 10th Congressional district," wrote Congressman Frost. "What I heard emphasized the harm directly caused to Floridians by your lack of leadership to properly regulate the insurance industry, mitigate the destruction of extreme weather events, and make informed legislative decisions to solve the problem. I request an urgent meeting to discuss my constituent's concerns and hear your plans for a solution to this crisis."

* * *

November 14, 2023

To: The Honorable Ron DeSantis, Governor, The Capitol, 400 S. Monroe Street, Tallahassee, FL 32399

Governor DeSantis:

As the Representative of Florida's 10th Congressional District, I urgently request a meeting to share with you the devastating impact of rising property insurance prices on Central Floridians.

Last week you called an emergency special session of the Florida Legislature, however you did not use that time to deliver legislative solutions to solve the decreasing coverage and rising costs of property insurance hundreds of thousands across our state are facing.

On Friday, November 10th, I held an emergency roundtable listening session with homeowners, renters, small business owners, and community leaders from across Central Florida to hear the challenges they are facing because of the high cost of property insurance. Some of the stories I heard include:

* A long-time teacher paid off her home, but her insurance premium has increased by $1,000 per year, and she is now contemplating delaying her retirement, which was intended to be next year, just so she can afford the new payments.

* A homeowner who just had her insurance policy cancelled after two years, and is now receiving quotes ranging from $5,700 to $13,000 for new coverage with many would requiring her to install a new $15,000 roof just to get covered.

* A Habitat for Humanity homeowner had his policy cancelled and is now forced to choose between costly property insurance coverage and paying for his cell phone, internet, or car note.

* A realtor of 20 years has lost four deals this year due to the cost of property insurance. Though buyers were qualified to purchase homes, the cost of insurance pushed them out of the sale.

* A longtime local businessowner's property insurance is going up an extra $500 per month, leaving them in a tough situation that will have a major impact, not just their profits, but on the Central Florida economy.

These testimonies are just a small sample of the stories from residents of Florida's 10th Congressional district that I need to share with you. What I heard emphasized the harm directly caused to Floridians by your lack of leadership to properly regulate the insurance industry, mitigate the destruction of extreme weather events, and make informed legislative decisions to solve the problem. I request an urgent meeting to discuss my constituent's concerns and hear your plans for a solution to this crisis.

Sincerely,

Maxwell Alejandro Frost

Member of Congress

* * *

Original text here: https://frost.house.gov/media/press-releases/after-calling-emergency-property-insurance-roundtable-hear-constituents

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