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Trump rips DeSantis, calls Florida legislation a ‘bailout’ for insurance industry

Evilwayz saying what he believes in public is being "suckered into BS"... :rolleyes:

Real profile in courage
you come off as desperate for the attention of message board people that you don't even know. you seem like a pathetic loser
 
I don't know about DeSantis being a "globalist"...he seems like a nationalist populist to me

Just his comments this week about Ukraine don't seem very globalist to me

DeSantis seems more like the politician who will say or do anything he thinks is popular with the GOP base
 
you come off as desperate for the attention of message board people that you don't even know. you seem like a pathetic loser

Ouch. LOL.

Another overly sensitive conservative poster who seems too snowflake to handle any viewpoint that doesn't agree with his conservative views

So back on topic...What do you think of DeSantis's insurance actions?

Did he do something beneficial for Florida citizens?
 
Florida's insurance issue is largely a legislated problem:
July 2021 law... F.S. sec 627.428, created a situation of “one-way attorney fees.” Basically, plaintiff attorneys were rewarded for filing lawsuits against insurance companies without any counterbalancing risk that these attorneys could owe legal costs if their lawsuits are unsuccessful. Because of this, Florida had over 76% of home insurance lawsuits , but only 8% of homeowners claims.

The new law was intended to fix the litigation issue that already existed. Between 2013 and 2020, Florida property and casualty insurers paid $15 billion in claims costs, but only 8% went to consumers. Lawyer fees, accounted for 71%.
 
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When I was a kid, insurance companies were like casinos. They made money most of the time and occasionally they had to pay out. Now when someone hits big, like getting THEIR WHOLE LIFE DESTROYED BY A HURRICANE, they catfish on it, try to find loopholes, then bitch up and pay where they can't get out of it, then hike rates and cry to the government.

Screw them and the people that enable them.
There was an episode of the Addams family where the bear was burned up by Fester, and they called the insurance company to get it replaced, and the insurance company spent the entire episode looking for reasons not to pay for it. The head of the agency said something like "we are an insurance company, we take in money, we don't pay it back out!" That episode was in the 60's, so people obviously felt a certain way about insurance even back then. Being an impressionable youth, it colored my opinion of insurance companies, one that has never been changed, only reinforced. (Note: I saw that episode later, when the show was in syndication, I'm old, but not THAT old).
 
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Florida's insurance issue is largely a legislated problem:
July 2021 law... F.S. sec 627.428, created a situation of “one-way attorney fees.” Basically, plaintiff attorneys were rewarded for filing lawsuits against insurance companies without any counterbalancing risk that these attorneys could owe legal costs if their lawsuits are unsuccessful. Because of this, Florida had over 76% of home insurance lawsuits , but only 8% of homeowners claims.

The new law was intended to fix the litigation issue that already existed. Between 2013 and 2020, Florida property and casualty insurers paid $15 billion in claims costs, but only 8% went to consumers. Lawyer fees, accounted for 71%.
Couple questions:

1. Why should the lawyers assume any risk? Risk devolves to the plaintiff and/or defendant by the nature of the legal system. What lawyer is going to take a personal risk when they have nothing to do with the case other than being the legal counsel?

2. That's only 79% Where did the other 21% go?

But, I will say that if this is true, and 9 times as much claims money goes to lawyers instead of the people actually injured, that is an egregious problem that should have been rectified years ago.
 
Couple questions:

1. Why should the lawyers assume any risk? Risk devolves to the plaintiff and/or defendant by the nature of the legal system. What lawyer is going to take a personal risk when they have nothing to do with the case other than being the legal counsel?

2. That's only 79% Where did the other 21% go?

But, I will say that if this is true, and 9 times as much claims money goes to lawyers instead of the people actually injured, that is an egregious problem that should have been rectified years ago.
1. Agree, lawyers shouldn't assume risk, but the current system encourages frivolous lawsuits...with only 8% of all claims nationally, Florida has 76% of all lawsuits. (Florida's auto insurance is also higher than the rest of the country)
2. The other 21% went to defense...agree that it should have been addressed years ago, but it's only been made worse.
 
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The reason why the most prolific conservative posters here are too afraid to post on the thread topic is that they haven't been told what to think
 
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