Farmers Insurance Company Pulls Out of Florida – Another 100,000 Policies Will Not Be Renewed


Posted originally on the CTH on July 11, 2023 | Sundance 

The insurance crisis in Florida is hitting the middle-class family, working community and retirees on a fixed income directly.   Hundreds of thousands of residents have lost insurance coverage, and even more have seen policy premiums double.  It is not uncommon to find homeowners who are paying more for insurance than their actual mortgage payment.  Unfortunately, the situation is getting worse.

Farmers Insurance has notified the state they are pulling out of Florida, will not be writing any additional policies in the Sunshine state and when existing policies expire, they will not be renewed.  Home and auto policy rates have already doubled in many areas for many people.

The insurance situation is becoming more unstable by the day, and the future outlook seems even worse amid reports that even more companies are planning to exit.

FLORIDA – Another property insurer is dropping coverage in Florida.

Farmers Insurance will stop writing new business and not renew its existing “Farmers-branded” automobile, home and umbrella policies in the Sunshine State, the company said Tuesday.

Last month, Farmers said it was only pausing new business in Florida. The company is also limiting new home policies in California, where it is based, according to news reports.

“This business decision was necessary to effectively manage risk exposure,” the company said in a statement.

The move will impact 30% of the company’s business in Florida, or roughly 100,000 policies. Policyholders affected by the decision are required to be given 120 days’ notice that their coverage will not be renewed.

Farmers on Monday sent notice of its plans to the Florida Office of Insurance Regulation, which is reviewing it. Insurers must give the office 90 days’ notice if they want to discontinue writing business in Florida. (read more)

The insurance company withdrawals works in concert with investment groups who prey on the outcome.  Single family homes and even large condo developments are squeezed into a situation where housing is no longer affordable.  The investment vultures then swoop in and end up controlling the properties.

Florida’s working and middle-class is being destroyed and a divide between the haves and have-nots is being created.  The wealth gap is expanding as families are forced to leave the state and a larger percentage of self-insured rich people move in.

Long before Ron DeSantis became a potential presidential candidate, and long before Hurricane Ian devastated southwest Florida in 2022, I was highly critical of state policies that were not constructed around the backbone of the economy, the working class.   Temporary H1B Visa workers replacing permanent residents as a workforce to fill the gap is not a long-term solution.

When you stop paying attention to the economic systems that support a sustainable service and production workforce in Florida, this snowballing outcome is predictable. None of it is good.  Unfortunately, as I forewarned prior to the COVID era, Governor Ron DeSantis is creating a class-war tinderbox.  The sentiment on the ground is increasingly growing angry.  His absence is only making it worse.

My Tribe

UPDATE: Modelo Tops Bud Light in Latest Sales Report Just Before Key July 4th Holiday – Bud Light Sales Trend -28.5%


Posted originally on the CTH on July 11, 2023 | Sundance 

Anheuser Busch continues to lose market share according to the latest statistics shared by Bump Williams consulting firm. In the key period just before the July 4th holiday, sales of Bud Light dropped another 28.5% compared to the prior year.

The initial sales decline which began in April continues.  The ongoing boycott against Bud Light appears to be holding firm.

CNN – […] For the four weeks ending on July 1, Modelo Especial captured 8.7% of overall beer sales, compared to Bud Light’s 7% share, according to NIQ data given to consulting firm Bump Williams. Dollar sales for the pre-July 4 period continued to be grim for Bud Light, with sales falling 28.5%, while Modelo’s grew 8.5% during the same time period. (more)

Sound of Freedom Blacklisted by Woke Elite


Armstrong Economics Blog/Corruption Re-Posted Jul 11, 2023 by Martin Armstrong

The movie “Sound of Freedom” exposes the darkest corner of our society – child trafficking. The film should not be controversial but the mainstream media and Hollywood blacklisted the film because they are protecting those involved. Simply Google the film and you will see articles from EVERY news outlet condemning the film as a QAnon conspiracy for right-wing extremists.

Jim Caviezel, the director, is a devout Christian which is now a radical ideology in America. You may not believe in God but watching this film will show you that pure evil exists. He has said that streaming services such as Netflix and Hulu would not carry his film, which is precisely what occurred with “The Forecaster.” For you see, there are numerous organizations that would taken down if the truth came out. This is a trade that surpasses most other industries and cannot be calculated. The Department of Homeland Security estimates that child trafficking account for $150 billion in global trade, but the true amount is much higher. Millions of children go missing every single year. It is not isolated to third world countries. What happened to the children who went unaccounted for at our own border?

It is extremely alarming that the powers that be want to silence this film. Epstein island was a conspiracy theory too at one time. The politicians and people of influence who went to his island were never held accountable, but that shows only a tiny fraction of how deep this insanity goes. Governments are involved. The woke elite are dominating all institutions and forcing organizations to abide by their CEI and ESG scores. Kids are being taken away from their parents if they don’t provide “gender affirming care,” which never existed up until a few years ago when the far left lost its collective mind. They are NORMALIZING the sexualization of children even in schools. The Guardian called the film “the QAnon-adjacent thriller seducing America” as did every other major news outlet. I question any journalist who is angered by a film that shines a light on such an important topic. The corruption goes deep, and the elite have an agenda. It is not fear-mongering because, yes they are coming for our children.

Climate Change Lockdowns Are Coming?


Armstrong Economics Blog/Climate Re-Posted Jul 7, 2023 by Martin Armstrong

QUESTION: There has been talk that Trudeau will use the fires to claim a climate crisis, and that will justify lockdowns again. Is there any truth to these rumors?

FS

ANSWER: There is definitely the idea of using climate change to justify lockdowns. However, this is really not for climate change but for crowd control. They are well aware of the rising discontent civilly, which historically produces revolution. They are pushing for world war III for two reasons.

First, it will be the excuse to default on all sovereign debt as they are also attracted to the Schwab-Soros solution of a one-world government. If that is the case, then all previous sovereign debt will be null and void. The United States did that with the debt of the Continental Congress when they created the United States. That’s why you can collect the revolutionary currency that was never honored.

Secondly, they fear revolution is in the wind. In order to prevent that from taking place, they need to restrict all travel, censor social media, and lock us down using climate change as the excuse.

You may not know it, but at the Paris climate summit, they REFUSED to allow anyone to testify who disputed their agenda. That was the start of this Cancel Culture. The Guardian published the truth, perhaps ahead of schedule. There are those pushing for lockdowns every two years to meet the Paris requirement of ZERO CO2. Everyone’s future is to change, and they never ONCE allowed anyone to ever vote on this agenda. These people understand that civil unrest is on the rise. They desperately need a diversion. Russia is providing that for now.

Video

Will people support this war against Russia and draft people to go to Ukraine? Will that be the turning point? Are you willing to send your children or yourself to fight for Ukraine over the Donbas, which is the home to Russians, not Ukrainians, for hundreds of years when it does not impact our lives? They know there will be resistance. If it is too great, you will suddenly see the need for climate change lockdowns.

Vanlords – A New Form of Urban Encampment


Armstrong Economics Blog/Real Estate Re-Posted Jul 7, 2023 by Martin Armstrong

I’ve discussed Accessory Dwelling Units (ADUs) at length as they have been marketed as a new way to force people into perpetual renting. They have even advertised micro-ADUs that are no more than a shed with plumbing. Since addressing the housing crisis would go against plans for the Great Reset, people are turning to desperate measures.

Vanlords is the newly deemed term for people who rent out RVs to desperate families. This has become prominent in Los Angeles, California, where thousands of rental RVs have appeared. The government found a way to house all the illegals who Biden let in the country. The citizens sleep on the street or in vans. ‘”Vanlords,” as L.A. City Councilmember Traci Park calls them, typically buy RVs at auction, then either drive or get them towed to their location of choice.” These are not completely legal, but they are increasing in popularity as people have no alternative to affordable housing. “A lot of times, the inhabitants of the vehicle don’t know the name of the person who rented it from, they don’t have valid contact information, a lot of these vehicles are not registered, they’re not adequately insured,” said Park.

Not all RVs are hooked up to plumbing, and they are not legally hooked up to any electrical system. People have begun dumping waste into storm drains and using public facilities for basic hygiene. This is a step up from a large homeless encampment. Cities are working on changing municipal codes to permit these eyesores to line residential streets. This is not an adequate solution to homelessness and once more hurts the middle class as the upper class would have no need for a few hundred per month. This is another form of urban encampment that will drive down property values and create a dangerous situation for residents, who don’t have many rights, and neighboring residents.

CDC Promotes Child Endangerment – Chestfeeding


Armstrong Economics Blog/Disease Re-Posted Jul 7, 2023 by Martin Armstrong

The Centers for Disease Control (CDC) is supposed to provide guidance on infection and disease control measures. So why is this corrupt agency discussing food and nutrition for infants? “Transgender and nonbinary-gendered individuals may give birth and breastfeed or feed at the chest (chestfeed),” the CDC states. “The gender identity or expression of transgender individuals is different from their sex at birth,” and that, “the gender identity of nonbinary-gendered individuals does not fit neatly into either man or woman.”

Now it makes sense why my insurance company has been charging me for maternal care. The CDC further states, “An individual does not need to have given birth to breastfeed or chestfeed… Some families may have other preferred terminology for how they feed their babies, such as nursing, chestfeeding, or bodyfeeding.” The psychological warfare has gone too far. ENOUGH IS ENOUGH.

The CDC is encouraging men, women, and (insert latest gender here) to feed newborn children through “appropriate lactation management.” Some men take hormones that mimic lactation but it’s not real milk. The FDA stated this substance “can pass into breast milk in small amounts and can sometimes give babies an irregular heartbeat as a result.” It also has not been tested. Association of American Physicians and Surgeons, Dr. Jane Orient told The Daily Mail, “The CDC has a responsibility to talk about the health risks, but they have been derelict in doing that.” Dr Stuart Fischer, an internal medicine physician in New York, stated plain and simple – “You can’t fool Mother Nature.” There are no long-term studies on this subject. “If it’s been tested a handful of times, how would we know the long-range effect?” Dr. Fischer shared. “The short-term is one thing, but the long-term in terms of physical and mental illness… who knows? It’s an emerging field, to put it mildly.”

Yet another instance where politics surpasses science and all logic. This is child endangerment and infants now must suffer because of politicians championing mentally ill men who want to normalize depravity. Women cannot even breastfeed in public without harassment. The CDC lost all credibility after COVID, but now it’s just a weapon of the far-left.

There was actually a Roman emperor by the name of Tiberius (42 BC – 37 AD) who also abused unweaned babies. He was hated by the people and forced to flee to the island of Capri. History remembers him as a disturbed man. It’s all about how much the people are willing to accept, as there will always be perverted psychopaths within society.

10 Million-Year-Old Tree Fossil Explains Natural Climate Change


Armstrong Economics Blog/Climate Re-Posted Jul 5, 2023 by Martin Armstrong

The Earth contains the blueprint for ancient life. Ice core samples and tree fossils have taught us much about the seemingly undocumented world. Researchers at Central Andean Plateau in Peru have made a groundbreaking discovery within a 10-million-year-old well-preserved tree fossil. Their findings further prove that climate change is a naturally cyclically occurring phenomenon.

Ten million years ago marked the late Miocene Epoch period, a time of global cooling. Sea levels and rainfall declined, rainforests began to deplete, and numerous animal and plant species became extinct in favor of new species that could withstand the climate. Humans could not be blamed for this shift as homo sapiens did not exist.

The ancient tree and other samples show that the ecosystem of South America has undergone significant changes. The climate was more humid and diverse than previously believed, shifting to a dry and scarce environment. Researchers noted that elevation significantly rose from 2,000 meters to 4,000 meters, a primary factor for the change in climate.

Fossils dated 5 million years old reveal that the climate had already shifted by then and resembled the puna-like ecosystem of today. The dry and scarce environment changed to one of greenery and abundance. Researchers now believe shifts in the tectonic plates that slowly occurred over millenniums influenced climate change.

The planet is constantly changing and evolving. Humans are not responsible for the cyclically changing landscape of Earth.