summary：
Generated Title: DeSantis' "Insurance Miracle" Smells a Lot Like BullshitAlright, so DeSa... Generated Title: DeSantis' "Insurance Miracle" Smells a Lot Like Bullshit
Alright, so DeSantis is out there patting himself on the back again. This time, it's about how he "fixed" Florida's insurance market. Claims of decreasing rates, new insurers flocking to the state, and Progressive handing out refunds... Give me a break. It all sounds way too good to be true, right?
And it probably is.
The "Good News" Breakdown
Let's dissect this "good news," shall we? DeSantis claims the insurance market is "stabilizing." Okay, maybe. But stabilizing at what level? Last I checked, Florida was still an insurance dumpster fire compared to most other states.
He's bragging about Progressive refunding nearly $1 billion to auto policyholders. Big deal. It's "excess profits," meaning they were ripping people off in the first place! They only gave the money back because they legally had to. It's like a thief returning stolen goods and expecting a medal.
Progressive themselves admitted that Florida's reforms are the reason for their "success," citing "lower loss costs on certain types of personal auto accident claims and favorable reserve development." Translation: they're making more money because it's harder for people to sue them after an accident. So, who really wins here? The insurance companies, offcourse. Not the average Joe getting rear-ended on I-95.
And what about homeowners? DeSantis claims they're seeing relief too. But the numbers are conveniently vague. "More than 150 residential filings for rate decreases or zero percent increases." Okay, how many actual decreases are we talking about? And how significant are they? A fraction of a percent? A rounding error? Don't insult my intelligence.
He mentions the My Safe Florida Home program, which provides grants for homeowners to "harden" their homes against storms. Sounds great in theory, but how many people are actually benefiting from this? 62,000 homeowners out of millions in the state? That's a drop in the bucket. And let's be real, those grants probably come with so much red tape that only the most persistent (or politically connected) can actually get their hands on the cash.
The Litigation Lie
DeSantis also boasts about a "sharp decline" in frivolous property claim litigation. Down 25% in the first half of 2025, he says. But what constitutes "frivolous"? Is he saying that people with legitimate claims are now being discouraged from seeking justice? Because that's what it sounds like to me.
And the depopulation of Citizens Property Insurance Corporation? He spins this as a positive, a "shift of risk back into the private market." But isn't Citizens supposed to be the insurer of last resort? If people are being forced out of Citizens, where are they going? To these "new" insurance companies that are supposedly flocking to Florida? And are these companies any better? Or are they just waiting to jack up rates and deny claims at the first sign of a hurricane?
I mean, seriously, are we supposed to believe that Florida's insurance market is suddenly sunshine and rainbows? After years of skyrocketing rates, companies fleeing the state, and homeowners facing impossible choices? It's like DeSantis is trying to sell us swampland in the Everglades and calling it beachfront property.
Then again, maybe I'm the crazy one here. Maybe Florida really is on the verge of an insurance miracle. But forgive me if I remain skeptical.
The Fine Print
Oh, and here's a kicker: according to the South Florida Sun Sentinel, those Progressive refunds? They're mostly going to be credits on 2026 policy renewals. So, if you switched to another carrier after getting screwed over by Progressive in 2023 or 2024, tough luck. You don't get squat.
That's how they get you.