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What Does “Historic” Florida Legislation Mean for Struggling Insurance Market?
Dec 22, 2022, 15:46 PM
by
Jen Frost
Published December 19, 2022 • Insurance Business
Florida’s Governor has signed a Bill into law that will seek to mend its struggling property insurance market, which has seen a rash of insolvencies and losses amplified by Hurricane Ian. The new rules have been welcomed by the insurance industry, but the troubled market’s stabilization process is only just beginning.