Home Featured News Jared Moskowitz calls for federal insurance catastrophe fund

Jared Moskowitz calls for federal insurance catastrophe fund

by carlislewillard

Florida’s former “Master of Disaster” believes it’s time for Congress to create a post-catastrophe reserve fund for an insurance industry that was buckling long before Hurricane Ian made landfall last week.

Broward County Commissioner Jared Moskowitz, who led the Division of Emergency Management through hurricanes and a pandemic, said a federal fix is needed to distribute the financial burden among insurance companies.

Less than a week later, Florida’s Hurricane Ian claims reached $1.6 billion. Estimated costs are as high as $75 billion.

“It’s a national issue,” said Moskowitz, who is now running for Congress. “We need help from the federal government.”

– Jesse Scheckner, Florida Politics

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