Gallagher Re on the state of the Florida market
Almost half of companies reported underwriting gains
Source: insurancebusinessmag.com
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Almost half of companies reported underwriting gains
Almost half of companies reported underwriting gains
Requests by three insurers are the latest evidence of problems in Florida’s property-insurance system, as lawmakers prepare to return to Tallahassee next week for a special session on the issue.
On Tuesday, the state held hearings on big rate increases sought by three more property insurers.
When Florida Farm Bureau Insurance companies filed for a 41% rate increase for homeowners last December, the Florida Office of Insurance Regulation asked