Ian threatens Florida’s already unstable insurance market

Florida's property insurance market was already in peril. Now comes Hurricane Ian.delivering catastrophic winds, rain and flooding is likely to further damage the insurance market in the state, which has strained under billion-dollar losses, insolvencies and skyrocketing premiums.

More than a dozen companies have stopped writing new policies in the state, and several have closed shop this year. One company was declared insolvent and placed into receivership this week, as Ian was churning toward Florida.or priced out of plans have flocked to the state's public insurer of last resort, Citizens Property Insurance, which this summer topped 1 million policies for the first time in almost a decade.

DeSantis ignored the insurance crisis in Florida, and spent 2 million of taxpayer money to send a few dozen asylum seekers to Martha's Vineyard. Remember this in November.

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Ian threatens Florida's already unstable insurance marketTALLAHASSEE, Fla. (AP) — Florida's property insurance market was already in peril. Now comes Hurricane Ian. The massive storm that barreled into southwest Florida delivering catastrophic winds, rain and flooding is likely to further damage the insurance market in the state, which has strained under billion-dollar losses, insolvencies and skyrocketing premiums. freemarket Fla SB cancelled. I’m sure Repulsive Republicans have a cruel stunt in mind
Fonte: AP - 🏆 728. / 51 Leggi di più »

Ian threatens Florida’s already unstable insurance marketIan threatens Florida’s already unstable insurance market.
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