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Answer: Specifically to the point about 'are disasters more common in FL than else where', probably. It's a yearly, sometimes multiple times a year, event to have a hurricane touch ground in FL.

Back when I lived in FL, it's about this time of year I would start watching the hurricane trackers to decide how likely I needed to start thinking about evacuation plans. A lot of other Southern states get the category 1-3 but it's usually after it battered Florida for a bit. It's not that uncommon to get a category 5 hurricane in FL. Especially South Florida, which has a large portion of the population and routinely gets hit the hardest by hurricanes.

Tornadoes and twisters are horrible and will definitely level a neighborhood so aren't anything to mess with, but hurricanes, while not immediately as destructive (though not by much...) come with tidal surges and can almost cause destruction over the entire state simultaneously.

It's actually been a really slow period the last few years for hurricanes from my hometown and yet there's still plenty of stories about things like UCFs student housing having flooding up to the second story units. It's a combination of increasing natural disasters and sort of negligence on property owners/government's part, which might be where the blame for DeSantis is coming from. He's probably not exactly on board with the Climate Change predictions given by a lot of researchers, so isn't going to be funding a lot of the infrastructure projects needed to keep up with the changing climate.

Last year's storms were a reminder to a lot of what storms in FL can be like. Add in rising sea levels, and the fact that there's not really anywhere that won't be damaged by the storms when they do come in, insurance companies kind of have to start assessing the idea that every year, the entire state is going to be claiming *at least* flood damage. Not surprised they're leaving.

Answer: Hurricanes are driven by ocean water temperature.
Hurricanes have "heat engines". 🔥

Common Headline.
Florida ocean temperatures peak to almost 100 degrees F ...

http://www.cbsnews.com/news/florida-ocean-temperatures-rise-to-the-90s-nearly-hitting-100/

The hotter the oceans surrounding Florida, the more and stronger hurricanes. 🌧️

Side effect: Warm water expands more than cold water, and so ocean levels rise on hot days.
Regular tides plus hot ocean waters means more sunny day floods.

Insurance companies are driven by hard statistics. Given 90+ degree ocean waters, it is very probable there will be more & severe hurricanes. They were quite wise to pull out of Florida.

(Repost starting with word Answer per rules)

Answer: There are three parts to this:

1. Global Warming is worse than you have been told and numbers don't lie. In next few decades a lot of Florida will be under water and rest will be destroyed by regular hurricanes every year. Insurance companies know this because they use science.
2. Florida has socialized insurance that is offering rates that no commercial company can compete with. Somehow of course no conservative complains about this, because they want their properties insured for cheap. And pro-free market conservative governor somehow is not concerned about this government agency interfering with free-market either for some strange reason despite criticizing things like government feeding children in schools (haha, just kidding, it's because he's a sadistic, cruel, hypocritical SoaB, and that's a fact)
3. Florida laws make it very easy to sue insurance companies. Someone mentioned somewhere that Florida accounts for more than a half of all insurance disputes. In entire USA!

Answer: Florida law created a predatory system for lawyers to sue property insurance companies with spurious claims and rack up exorbitant fees. Florida has something like 94% of all property insurance lawsuits in the entire country.

Further, Florida homes are expensive to repair (many have tile roofs, tile flooring, etc), and Florida has to contend with windstorms, excessive rainfall, and sinkholes. This makes doing business as a property insurer basically impossible.

Answer: Money. The insurance industry and big banking and investors like to keep their money. A change in circumstance, like climate change, can make a market like the Florida not profitable for their money. The will invest and do business elsewhere. Why wouldn’t they? It’s still a free country. The wealthy will still be able to afford to build there so the Republicans don’t care.

Answer: Insurance, sorta by definition, requires two things- 1) an ability to predict (this is what actuaries do) and 2) fund for expected losses (via premiums). In disaster prone states like FL and CA, both have been a challenge for decades.

Due, in part, to climate change and other factors (cost of materials, housing, labor, legal fees, etc), it has become much more difficult to reasonably predict what claims/losses a company could have to pay out. When a company loses control of either, it is quite common to exit the market.

Funding is a challenge in FL as well. Insurance companies are highly regulated, by each state, and (standard market companies) can only charge premiums based on factors that are approved by the state. This limits flexibility to adequately price the product, when claim costs are changing rapidly. FL offers as little pricing flexibility as any state.

Bottom line is, if folks in disaster-prone regions were to have to pay what it actually costs to insure them, most would not live there. Certain geographies would simply be uninsurable. The NRDC (Natural Resources Defense Council) used to do some good, principled work on this issue.