Quote:
Originally Posted by janmcn
Keep an eye on the Florida Senate today as they debate SB 1770. Every time they debate property insurance rates, the consumer seems to lose.
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It looks like the default P&C insurer in Florida is the State of Florida and it is a non-profit insurance company.
Apparently many insurers have exited the market or not longer issue new policies because of certain risks.
The money has to come from somewhere.