Citizens is the FL insurance carrier of last resort created in the wake of Hurricane Andrew when the property insurance market fell into disarray a few decades ago. Now, FL Citizens was recruited into reinsuring a number of FL property insurers' whose financials are bad.
This means that a major hurricane will not only knock weak carriers into receivership, but the citizens will be left holding the tab.
@GovRonDeSantis is a popular guy. He won't be if the people end up with an unmanageable bill.
This is not a small issue.
Jun 8, 2022 • 12 tweets • 6 min read
#epsteindidntkillhimself and my favorite conspiracy about #theranos. Here I lay out the foundation for a D&O lawsuit against the #theranos board of directors and show a plausible explanation as to why Holmes ended up in such a bad situation.
#theranos never worked b/c the pinprick test's error rate was too broad. This is likely b/c blood is not a homogenous substance. However, the board of directors never questioned this.