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Hurricane Helene has caused extensive damage across the Southeast, from Florida to the Carolinas. The estimated property damage ranges between $15 billion to $26 billion, with an additional $5 billion to $8 billion in lost economic output. What Happened: Hurricane Helene has left a swath of destruction in its path, further underscoring the precarious nature of Florida’s property insurance market. Insurance premiums have seen a staggering 45% increase from 2017 to 2022, according to a recent report from the Florida Policy Project. Florida Gov. Ron DeSantis (R) has declared a state of emergency …

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