A recent study indicates that Florida insurers diverted funds to investors while reporting significant losses, sparking concerns about the integrity of the state’s insurance industry. The situation has drawn parallels to a Ponzi scheme among commenters who lament the shareholder-driven economy and the potential implications for homeowners facing rising insurance costs amidst climate change. While regulations recommended better metrics for transparency in 2023, lawmakers rejected these proposals, fearing repercussions for the insurance market. Increasing insurance rates without justifiable losses have led to dissatisfaction with lawmakers, particularly in light of the ongoing environmental challenges that threaten sustainability in homeowners' insurance.