This Year’s Hurricane Season Threatens One of the U.S.’s Biggest Economies

As the June 1 start of hurricane season approached last week, Florida lawmakers raced to address a crucial gap in the state’s coastal defenses: property insurance. Insurance markets in the state are in crisis, with premiums skyrocketing and many homeowners unable to find companies willing to insure their homes against damage. Part of the problem is fraud and abuse that increases costs for…

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