Is Florida's fragile homeowner insurance market a powder keg and Federal risk?

Credit to Senator Sheldon Whitehouse for raising the issue where in Florida you have a tangled homeowner insurance market where most (if not all) big insurers have left the state which leaves smaller insurance companies who are rated by a company called Demotech.. largely because the 'gold standard' in rating companies, AM Best and S&P won't rate smaller and more fragile insurance companies.. is this a powder keg that Governor DeSantis is sitting on and exactly what's going on in the Florida homeowners insurance market? #SenatorWhitehouse #floridainsurance