With YEARS of claims for everything from Hurricanes to dishwashers, “Florida has struggled to maintain stability in the state insurance market since 1992 when Hurricane Andrew flattened Homestead, wiped out some insurance carriers and left many remaining companies fearful to write or renew policies in Florida. Risks for carriers have also been growing as climate change increases the strength of hurricanes and the intensity of rainstorms.”
Ready the whole article here to learn more…
Florida Insurers FINALLY Made Money in 2023; HUH?
With YEARS of claims for everything from Hurricanes to dishwashers, “Florida has struggled to maintain stability in the state insurance market since 1992 when Hurricane Andrew flattened Homestead, wiped out some insurance carriers and left many remaining companies fearful to write or renew policies in Florida.”