policy

Both Democratic and Republican members of the U.S. Congress from Florida have backed a measure to impose limits on the amount of money insurers are allowed to charge consumers living in disaster-prone areas, according to a report in the state’s Sun-Sentinel newspaper. According to the Sun-Sentinel, the Homeowners Defense Act would provide for a national catastrophe fund intended to defray the huge costs that are frequently incurred when a severe hurricane or earthquake strikes a…