The Brief Democratic candidate for governor, David Jolly, wants Florida to take over coverage of natural disaster losses, removing hurricanes and other catastrophes from the private insurance market. Homeowners would still need private insurance for everything else — like fire or theft — but the state would handle storm losses. You could cut private insurance by about 60%…So, we have a hurricane fund in the state of Florida that's basically a reinsurance fund. In fact, today, the Florida insurance market is in its strongest financial position in more than a decade. Lisa Miller, the former deputy Florida insurance commissioner, said:"Back in the 2008 to 2015 timeframes, you didn't hear of a hundred-degree weather on a consistent basis.