More than one-third of Florida properties face looming flood risk, but some residents are unaware

A combination of factors including stronger storms fueled by climate change, a strained insurance industry and ineffective state regulations has placed millions of low-income Florida residents at risk of a major insurance coverage gap.

The crisis in Florida's insurance industry has escalated with the shutdown of seven companies since February last year, leaving countless individuals vulnerable to the devastating impacts of flooding. 

The urgency to address this issue is underscored by the fact that more than one-third of Florida properties are at risk of severe flooding over the next 30 years.