Florida Gubernatorial Candidates Outline Plans to Tackle Insurance Crisis
Two candidates for Florida governor, Democrat David Jolly and Republican Byron Donalds, have presented their plans to address the state's insurance crisis. Voter concerns about insurance costs are high, prompting candidates to propose solutions such as creating a disaster fund,…
Tampa St. Petersburg, FL, September 28, 2026 —
As Florida grapples with a persistent insurance crisis, leading gubernatorial candidates are stepping forward with proposed solutions aimed at stabilizing the market and alleviating costs for residents. Both Democratic candidate David Jolly and Republican candidate Byron Donalds have outlined distinct strategies to address the escalating premiums and availability issues that are significantly impacting homeowners across the state.
Voter concern regarding insurance expenses has reached a critical point, making it a central issue in the gubernatorial race. In response, candidates are presenting a range of policy proposals designed to tackle the multifaceted nature of the crisis.
Among the proposed solutions being discussed are the establishment of a state-backed disaster fund. This fund would theoretically provide a financial backstop for insurers in the event of major hurricanes or other catastrophic events, potentially reducing the need for insurers to pass on extreme risk premiums to consumers. Additionally, some proposals include measures to cap insurer profits, aiming to ensure that companies are not extracting excessive earnings at the expense of policyholders.
Another area of focus is the elimination of various surcharges that are added to insurance policies. These surcharges, often related to state-mandated programs or recovery efforts, contribute to the overall cost of insurance for Floridians. Candidates are exploring ways to streamline or remove these additional fees.
Increasing transparency within the insurance market is also a key component of the proposed strategies. This could involve requiring insurers to provide clearer breakdowns of policy costs, disclose their financial reserves more readily, and offer more understandable explanations for premium increases. Enhanced transparency aims to empower consumers with better information and hold insurers more accountable.
While both candidates recognize the urgency of the situation, the specific details and implementation pathways for their proposed plans remain central to ongoing political discourse. The effectiveness of these measures and their potential impact on the state’s insurance landscape will likely be a significant point of discussion as the election approaches.
Story summarized from the original created by Nadeen Yanes on www.tampabay28.com, see more information here.
