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...Several companies have also left Florida, which has frequent episodes of flooding and hurricanes; many households are now covered only by the state-backed insurer of last resort....
...Suarez, who is Cuban-American in a party whose elected leadership remains overwhelmingly white, has positioned himself to the left of another former presidential hopeful, Florida governor Ron DeSantis, on...
...The flood maps that Fema uses to set premiums for its federally underwritten National Flood Insurance Program — which is how most Americans get flood insurance — are outdated....
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...,” which is Florida’s state-run insurance company....
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...A significant factor has been a sharp rise in the cost of property catastrophe reinsurance, or insurance for insurance companies....
...from state-owned insurance companies....
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...Over the next 16 years, he spearheaded a string of deals, buying brokerage EF Hutton, investment bank Lehman Brothers, insurance firm Fireman’s Fund and other businesses that turned the charge-card company...
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...American tech companies including Microsoft, Google and OpenAI....
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