Inside Florida’s home insurance meltdown

Florida owns a massive property insurance company that’s been gobbling up policies while rates rise and some private insurers leave the state. A deal struck by the state legislature last year aims to fix this insurance market meltdown. To understand what’s happening – and what’s being done to fix it – we talked to former State Senator Jeff Brandes and insurance industry expert Mark Friedlander. For more from The Closer and to subscribe to our newsletter, visit www.thecloser.fm. The Closer is a Project Brazen production. Subscribe to Brazen+ on Apple Podcasts or at brazen.fm/plus and get exclusive bonus episodes for The Closer and all our shows, as well as ad-free listening and early access to new podcasts. For more fearless storytelling visit brazen.fm, home to all our podcasts, documentaries and newsletters. At Brazen, we show you how the world really works – from espionage and corruption to deal-making and organised crime, we’ll take you inside stories from hidden worlds. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://brazen.fm/plus/