As hurricane season approaches, three insurers are canceling thousands of Florida customers
Sun Sentinel 1 hr ago Ron Hurtibise, South Florida Sun-Sentinel © Provided by Sun Sentinel As insurers continue to bemoan heavy claims losses and litigation costs in South and Central Florida, state insurance regulators are allowing three companies to cancel or not renew thousands of policies, forcing those jilted customers to find new coverage weeks before hurricane season begins.
As another hurricane season bears down on the state, more than 50,000 Florida home insurance customers will soon receive notices that their policies have been canceled or won’t be renewed.
State insurance regulators recently authorized “extraordinary” terminations of thousands of policies of Florida-based insurers Universal Insurance of North America, Gulfstream Property & Casualty, and Southern Fidelity.
As hurricane season approaches, three insurers are canceling thousands of Florida customers
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