Is Florida’s insurance crisis improving? State official here to share encouraging outlook
PORT ST. LUCIE — Against the bleak backdrop of increasing homeowners insurance rates and providers leaving the state, there are reasons to believe things are getting better, according to Florida’s insurance consumer advocate.
Tasha Carter addressed the issue at four town halls here last week at the invitation of state Rep. Dana Trabulsy, R-Fort Pierce. Turnout and interest in the events exceeded her expectations, Trabulsy said after a forum at the Treasure Coast Builders Association, attended by about 30 people.
Until recently, Florida faced a dire situation, with insurers leaving the state altogether, and those that stayed were raising rates or reducing coverage, Trabulsy said.