A Louisiana state program offering grants for hurricane-resistant roofs is effectively lowering homeowner insurance rates, according to a recent audit.
A new bill, backed by Florida’s CFO, proposes funding home hardening grants through a trust fund fueled by sales tax revenue from hurricane-affected counties.
Governor Ron DeSantis is touting a stabilization of Florida’s property insurance market, citing a decrease in Citizens Property Insurance rates and other positive developments. However, some industry observers and consumer advocates express caution.
