So maybe rising seas aren’t the biggest risk for Florida insurers. There are risks that can hit much more quickly, and definitely quicker than the Legislature will react.
The legislature has had several bills over the past several years to address the issue and this year is no exception. The problem is that the lawyer’s lobby accounts for a significant amount of contributions to the reelection campaigns of the representatives so I wouldn’t expect any change.
So maybe rising seas aren’t the biggest risk for Florida insurers. There are risks that can hit much more quickly, and definitely quicker than the Legislature will react.
The legislature has had several bills over the past several years to address the issue and this year is no exception. The problem is that the lawyer’s lobby accounts for a significant amount of contributions to the reelection campaigns of the representatives so I wouldn’t expect any change.