Republicans Are Coughing Up Billions to Save Florida’s Home Insurance Market
A destroyed building sits among debris after Hurricane Ian passed through the area on October 08, 2022 in Sanibel, Florida. Photo: Joe Raedle (Getty Images)This story was originally published by Grist. You can subscribe to its weekly newsletter here.In the three months since Hurricane Ian struck Florida, the state’s fragile property insurance market has been teetering on the brink of collapse. The historic storm caused over $50 billion in damage, more than any disaster in U.S. history other than Hurricane Katrina. It also…