It’s curious enough to see Gov. Rick Scott backing Mississippi’s lawsuit in support of subsidized insurance rates. But there’s a lot more for Florida to sort out as the state’s politicians mostly unite behind an effort to delay what for some residents would be massive increases in the cost of flood insurance.
The Post last week detailed the case of a Pinellas County man whose now-subsidized premium will rise from roughly $4,400 to about $44,000. That is not a typo. His and similar cases popped up when the flood insurance reform bill that Congress passed last year began to take effect Oct. 1. But based on Florida Office of Insurance Regulation Deputy Chief of Staff Rebecca Matthews’ presentation last month before the Senate Banking and Insurance Committee, it’s unclear whether such cases are the exception.
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