Florida Home Insurers Withdraw From State As Climate Risks Rise

Multiple major home insurers have withdrawn from Florida due to severe weather and climate change risks.
The departures have left thousands of Florida homeowners without coverage and facing potential rate hikes.
The insurance availability crisis threatens Florida's hot housing market and broader economy.
Florida officials blame 'wokeness' but reforms have failed to stem insurer exits so far.
The situation reflects a national trend of insurers reevaluating exposure due to increased extreme weather.