When Florida lawmakers convene on property insurance, they will confront the biggest economic challenge in state history. They need to change the incentives to a market of free enterprise and competition that benefits consumers.
Florida’s $3.6 trillion property insurance market is in collapse. Whether Florida’s economy will be rescued will be a political duel: Gov. Ron DeSantis vs. Speaker Chris Sprowls and the state’s plaintiff attorneys.
"It is unbelievable that any member of the Board of Governors could think the Fed could finance a $4 trillion increase in federal spending without causing inflation."
Family-run company can be more about what you learn from one another as the bottom line. In the Llovio family, the lessons are about grit, resilience and, notably, love.
Lawmakers have made it impossible for insurance carriers to make a profit while they have created a billion-dollar money train for lawyers — at Florida consumers’ expense.
In recognizing our 25th birthday, we shine a spotlight on how the Business Observer will continue to be a responsive, resilient and reliable source of business news and information.
We all would like to wipe away the strife of 2021. But unfortunately, much of it will continue. To turn the tide and preserve what the Founders created, we must act with courage.
