Today I announced that Citizens Property Insurance will be instituting homeowners’ insurance premium decreases for three-quarters of Miami Dade, and statewide decreases averaging 5.6%. I also was pleased to announce significant reductions in auto insurance rates in Florida for companies like GEICO (10.5% decrease), State Farm (6% decrease) and Progressive (8.1% decrease).
For the last four years, inflation spurred by the Biden Administration, active hurricane seasons, and unchecked litigation in Florida made for an environment that caused turbulence in insurance markets and steep increases in premiums.
There are a lot of factors involved in insurance rates, and Florida’s property and auto markets are challenging—but in addition to the decreases I announced, data suggests that in 2024, Florida had the lowest average homeowners’ premium increases in the nation, and the overall market is trending in a positive direction—including the addition of 11 new companies into Florida’s market over the past two years.
@CBSMiami@DeFede When you listen to the reporter you understand everything that is wrong with the Dems. It actually makes the point to switch. He is hateful and thinks that the top couple of differences are only far left or far right. He indicates there’s no room for any middle ground.
As data rolls in for April and May, it's clear that the pandemic housing boom is cooling—fast.
The housing market is transitioning into a new phase: deceleration.
https://t.co/1eluPn69sc
Today my colleagues and I reintroduced a constitutional amendment to impose #TermLimits on Members of Congress. The amendment would limit U.S. senators to two six-year terms and members of the U.S. House of Representatives to three two-year terms.
When Hank Aaron was getting close to breaking Babe Ruth's home run record in 1973, the sports editor of the Atlanta Journal ordered an obituary pre-written for Aaron in case he was assassinated