Chip Merlin: Do not believe Florida's insurance industry that laws will reduce rates — rates often depend upon Mother Nature, reinsurance rates
Chip Merlin: Do not believe Floridaâs insurance industry that laws will reduce rates â rates often depend upon Mother Nature, reinsurance rates Most of the property insurance rate increases are occurring all over the country, not just in Florida Remember how the Florida insurance industry and its lobbyists promised that if AOB reform were passed, insurance rates would drop because AOB litigation was the cause of increased premiums? Since that law passed, rates have not dropped. Florid...
Source: floridapolitics.com