Homeowners shocked as insurance premiums soar to eye-watering levels: 'It's somewhat criminal'

Homeowners shocked as insurance premiums soar to eye-watering levels: 'It's somewhat criminal'

Homeowner's insurance premiums have been skyrocketing nationwide, with some people seeing tens of thousands of dollars in bill increases.  This issue is especially problematic in high-risk locations prone to extreme storms, such as the Florida Keys. What's happening? As The Palm Beach Post reported, a Key Largo resident, Kevin Donlan, received a $39,000 premium bill for his homeowner's insurance. This amount represented a $28,000 increase and ex…