“If they would just leave ESG and put it away, and focus on the bottom line, they may not have made this decision to leave the state of Florida with the tail between their legs,” Patronis said during the CNBC interview.
He said that even though the segment’s introduction explained that insurers have not made profits from insurance underwriting in Florida since 2016. “[Leaving] is the bottom line,” h ost Andrew Ross Sorkin explained. “That doesn’t have anything to do with ‘being woke’ or being ‘Bud Light’.”Patronis has also recently blamed President Joe Biden for the inflation that has wrecked the state’s insurance market, The Street
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