The person with the claim got 50,000. How is that a system that makes any sense? And obviously people end up having to pay for that. So, so We knew there were problems not just in homeowners insurance market, which was obviously experiencing a lot of problems, but also in things like auto insurance. And there's different models about how you approach it. Some people try to do big government. I know California has tried that. And what happens is these companies leave. (04:21–04:33)
CLAIM
Asserts that there were significant problems in both the homeowners and auto insurance markets in Florida.
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.
