Many Florida residents were hoping that this would be a quiet and uneventful hurricane season to allow Florida’s troubled insurance market to calm down. But the storm season is revving up, putting insurance companies and residents on edge.
Florida was the fastest-growing state in 2022, with people flocking there for the warm climate, tax advantages, job opportunities and retirement amenities. But it’s not always sunny in the Sunshine State. There’s one aspect to the cost to living in Florida that has cast a cloud over the state’s many benefits.