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Transcripts For FOXNEWS Special Report With Bret Baier 20240707

the homeowner s policy will cover somebody things but the flood policy covers probably the most significant risk for most homeowners in florida given the risk of flooding we have in our state. we are sensitive to that obviously going to be some folks that are in need of support and relief we will work as best we can i will say people have been asking about some of the overall homeowner s insurance with like citizens. citizens, i think right now they are between 6 and 700 billion of surplus. modeling in terms of paying out a lot of money in claims still have 4 and 5 billion in surplus. they view themselves as being able to weather this. individual carriers they have to go through a stress test to have policies approved. this year they had tested under a direct impact on tampa bay and what would happen they have policy and reinsurance and wrap program and cap fund. citizens feel strongly they will be able to handle this and still have pretty significant reserves. okay. thanks s

Transcripts for FOXNEWS Special Report With Bret Baier 20240604 22:14:00

governor desantis is in dealing with all of this what s your biggest center found. it s not over. the state is already still have be winds and a lot of rain. this is not over. i m sure we have people that need help along the coast. i know we have a great spawns team get in there as quickly as possible. here s my concern. this is not over. make sure you are ready. you might lose power. you might lose water. so, if you are if this storm is heading towards you, get ready, seven days of water, seven days of food. by the way, if it s passed, don t touch downed power lines. don t go places you don t need to go. don t drive into standing water. be careful. don t use generators if you don t know how to use them. be careful using power tools if you haven t used them. we have got to keep everybody alive. we can rebuild house and business and all that stuff. can t rebuild your life. we got to keep everybody alive

Transcripts for FOXNEWS Special Report With Bret Baier 20240604 22:45:00

looks like the senate may pass a citizenning resolution sometime late tomorrow with the house tackling it on friday and, bret, just an additional note here, on whether or not lawmakers might add some supplemental funding to help with the hurricane damage, leader schumer said this today to our chad pergram we will have to wait and see if we need more, we will have to do it. bret? bret: all right, aishah hasnie. up on the hill. aishah, thanks. you got it. let s get perspective on the storm and president biden s warning to oil producers. now, oil trader, senior market analyst phil flynn joins us. thanks for being here. thanks, bret. bret: i i want to play this soundbite with the president earlier today with a very kind of blunt warning. take a listen. i want to add one more warning warning to the oil and gas industry executives. do not, let me repeat, do not use this as an excuse to raise gasoline prices or gouge the american people.

Transcripts for FOXNEWS Special Report With Bret Baier 20240604 22:33:00

have experienced all along our coast line. bret: yeah, i m getting images and videos being sent to me from fort myers beach and other places where storm surge and looking at it is 12 to 16 feet. up to the roof of some of these houses. that is, obviously, very dangerous in that scenario. it s catastrophic damage. unfortunately, what we are starting to see and we are going to do a lot of these realtime assessments tomorrow to get a firsthand look at what the damage really is. but what we re already starting to see is that there is going to be homes that are going to need some significant work done to them. people are going to be displaced. the number one say thing i would say to everybody southwest florida is please stay sheltered in place. this storm is going to move off of our coast, off of our area and over the next few hours. but then it s going to be dark. it s going to be nighttime. there is not going to be power. there is not going to be streetlights. it s going to be incredib

Transcripts for FOXNEWS Special Report With Bret Baier 20240604 22:47:00

that are risking their lives trying to provide gasoline ahead of this storm, we saw huge surges of demand. you know, people, you know, gas stations running out of gas as people tried to get gas before the storms. and when you start making threats against them, you know, these political heavyweights saying you better not gowrges you know, people are going to be afraid to reopen their gasoline stations because they may have to charge a higher privacy at some point and it would really restrict supply and make things worse. bret: meantime, you do have some production that gets shut down because of the hurricane, oil price.com says 11% oil and gas operators have evacuated 12 mat forms on the gulf of mexico, around 11% or 190,000 barrels per day of current oil production. so, i mean, that s not nothing. no, it isn t nothing. i will tell you this, it could have been a lot worse. and the biden administration is very lucky from an oil price

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