While Florida Homeowners Struggle, Insurance Executives Cash In on Your Dime
Florida’s property insurance crisis is not an accident. It is the direct result of decisions made by politicians who sold out the people of this state in favor of wealthy insurance executives. While families are being crushed by skyrocketing premiums, while seniors are draining their savings just to stay insured, and while homeowners are being non renewed by the thousands, executives at Slide Insurance are raking in tens of millions of dollars. And they are doing it with help from Tallahassee. According to public records filed with the United States Securities and Exchange Commission, Slide Insurance CEO Bruce Lucas received more than 21 million dollars in compensation last year. His wife, Shannon Lucas, who serves as the company’s Chief Operating Officer, was paid 16.5 million dollars. Together, they walked away with nearly 40 million dollars. That is not profit earned by competition. That is money generated through a government program that has been weaponized for private gain.
Slide Insurance did not grow because homeowners chose them. They grew because the state handed them tens of thousands of policies from Citizens Property Insurance Corporation. In 2024, Slide was approved to take over 75 thousand Citizens policies. In 2025, they were given another 15 thousand. This was made possible by Florida’s depopulation strategy—a program designed to shift risk off of Citizens and into the private market. But instead of protecting homeowners, it has created a gold rush for connected executives and donors. This happened under the watch of state legislators like Senator Joe Gruters and Senator Blaise Ingoglia—two of the loudest voices pushing so-called reform legislation that stripped away consumer protections, eliminated accountability for carriers, and opened the floodgates for abuse. These politicians took money from the insurance industry. Then they rewrote the rules to help that same industry profit, while doing nothing to protect the people who elected them.
Let me be clear. What Joe Gruters and Blaise Ingoglia supported was not reform. It was a betrayal. They helped create a system where carriers can delay, deny, underpay, and then walk away with taxpayer-supported profits. That is not oversight. That is collusion. Slide Insurance is also classified as an emerging growth company, which allows it to avoid full public disclosure. That means while Floridians are forced into higher rates and fewer choices, the executives benefiting from this crisis get to hide their financials from public scrutiny. This is not just unfair. It is offensive.
That is why I am running to be your next Chief Financial Officer.
When I am elected, I will demand full public disclosure of executive compensation for any insurance company that receives Citizens policies. If you are growing off the backs of Florida families, the public has a right to know how much you are paying your executives. I will push for legislation that freezes all executive bonuses and payouts for companies receiving state-supported policies unless they meet strict standards. That includes proof of financial solvency, fair and timely claims handling, and high customer satisfaction. No company should be allowed to use the Citizens program to enrich executives while shortchanging policyholders. I will also push to eliminate the legal shields that allow companies like Slide to hide behind the emerging growth label. If you are profiting from public policy, you should not be allowed to operate in the shadows.
The people of Florida are tired of being lied to. They are tired of being used. They are tired of watching insurance companies and politicians profit while they suffer. We need a watchdog in the CFO’s office. Someone who will speak truth to power. Someone who will stand up to politicians like Gruters and Ingoglia and say enough is enough.
It is time for accountability. It is time for transparency. It is time to fix insurance in Florida.
