The most predictable crisis ever:
Households in Florida, the third most populous state in the US, have been grappling for some time with a property insurance crisis that is making home ownership unaffordable for many.
Now why might that be? Because Florida is doomed. It’s like trying to get fire insurance on your house when it bursts into flames. It’s like trying to buy car insurance after you rear-end another car. It’s like trying to buy life insurance when you’re dead.
… Read the restAfter at least six insurers went insolvent in Florida last year, Farmers on Tuesday became the latest to pull out of the Florida market, saying in a statement that the decision was based on risk exposure in