On “Woke” Insurance Companies

Every now and then, you hear something that is so stupid or cynical, it takes your breath away. That happened to me yesterday while I was watching the NBC News. During a story on the soaring cost of property insurance in Florida, the state’s CFO blamed the problem on “woke” insurance companies.

That’s right. Insurance companies aren’t raising rates because the cost of tropical events is increasing due to the state’s failure to deal with climate change; they’re doing it because they’re “woke.” Ignore the bottom line and stick with the narrative, guys!

Apparently the plan here is to “solve” the problem by making you hate your insurance company. That may win DeSantis some votes in the short run, but it certainly isn’t going to decrease the cost of property insurance.