And we've really reviewed the regulatory framework, our fund since it was put in place. And I'm not blaming the governor and I'm not blaming Rick for that. It was a. Until, you know, Before COVID insurance rates were relatively cheap, so nobody really thought much about maintaining or updating the cat fund. We have to get in that game today. The things we are. And I chaired insurance and banking when I'm in the Florida House. (08:20–08:29)
CLAIM
Asserts that insurance rates were cheap before COVID, leading to neglect of the cat fund.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
