Florida CFO Jimmy Patronis weighs in on ESG standards, hurricane prep - Insurance News | InsuranceNewsNet

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September 1, 2022 Property and Casualty News
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Florida CFO Jimmy Patronis weighs in on ESG standards, hurricane prep

Wakulla News, The (Crawfordville, FL)

This week, during a meeting of the Florida Cabinet, I discussed the "Environmental, Social, and Governance" (ESG) standards and their effects on the insurance market.

These ESG's are un-American, woke-standards that are an attempt to re-engineer society through billion dollar industries. Insurance markets are even starting to write coverage based solely on ESG criteria, meaning that a lot of these woke businesses will get better insurance products, while non-compliant ones will be ignored.

Florida cannot let this stand, we have to fight ESG within the insurance market.

During the Cabinet meeting this past week, I was also proud to present a resolution to further promote fire safety, prevention, and preparedness. The meeting was also a great opportunity for us to celebrate the 60th anniversary of NASA Kennedy Space Center, a special place in the hearts and minds of many Floridians. Additionally, I was able to honor Florida Supreme Court Justice Alan Lawson, who retires after an impressive 21-year judicial career and six years with the Florida Supreme Court.

Lastly, Wednesday marked the 30-year anniversary of Hurricane Andrew. As this storm showed us, hurricanes can intensify and develop fast, and all Floridians have to have a disaster plan in place so that you can weather the storm and recover quickly.

As we enter the peak of the 2022 Hurricane Season, let this anniversary serve as a reminder, that now is the time to prepare and ensure your home and business are adequately covered.

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