From Litigation to Capital, Florida Insurance Market Improving, Panelists Say
The Florida property and casualty insurance market is not out of the woods but it is showing signs of progress, from litigation trends to capital
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The Florida property and casualty insurance market is not out of the woods but it is showing signs of progress, from litigation trends to capital
From a federal investigation to a drop in policies, there have been lots of recent developments for Florida's insurer of last resort.
‘Everything hardworking, aging people have earned will be wiped out.’
TAMPA, Fla. (WFLA) — He’s the man at the center of a probe into Citizens, Florida’s insurer of last resort.U.S. Senator Sheldon Whitehouse says Floridians may have to shell out thousands to bail out the state-backed company.
This week on The Florida Roundup, we talk about some of the biggest challenges to stabilizing Florida’s insurance market with the state’s insurance commissioner, Michael Yarwosky, and Tim Cerio, president/CEO and executive director of Citizens Property Insurance Corp. And later, we speak with the Miami Herald’s senior political correspondent about calls for the head of the state’s Republican Party to step down and the Florida Democrats' decision to cancel its presidential primary. Plus, a collection of environmental stories from across the state.