Farmers Insurance has announced that it will be cutting back on home insurance in Florida. It can no longer afford the payouts resulting from weather events related to climate change.
A spokesman for the company said he believed that insurers should be allowed to charge whatever they want for policies in disaster-prone areas. Eventually people would stop building in those areas. That, of course, would include almost all of Florida.
Meatball Ron continues to play the neat trick of distracting the voters by fighting culture wars that are largely meaningless day-to-day--that he can't possibly win--while not doing anything about the fiscal issues that actually matter.
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