Inside Florida’s home insurance meltdown

The Closer: Deals Change the World

Florida owns a massive property insurance company that’s been gobbling up policies while rates rise and some private insurers leave the state. A deal struck by the state legislature last year aims to fix this insurance market meltdown. To understand what’s happening – and what’s being done to fix it – we talked to former State Senator Jeff Brandes and insurance industry expert Mark Friedlander.

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