Farmers’ decision to leave the state of Florida immediately triggered a round of political squabbling. The state’s chief financial officer accused the company of “playing politics” and threatened some sort of unspecified retaliation while Florida Democrats called a press conference to blame Republicans for pushing a “$3 billion handout” to select insurers instead of demanding accountability measures for the industry.
Tag: Democrats
Threat of Crackdown on U.S. Insurers Fades as Political ‘Blue Wave’ Sputters
Insurers appear to have dodged a revival of strict regulations and policy upheavals after an anticipated Democratic “Blue Wave,” which would have allowed progressives to push for broad reforms, failed to materialize on Wednesday, said industry executives. The U.S. presidential election result was on a knife-edge on Wednesday, with Republican President Donald Trump and Democratic… Continue reading Threat of Crackdown on U.S. Insurers Fades as Political ‘Blue Wave’ Sputters