Florida Creates Backstop to Protect Homeowners Insurance through Hurricane Season

Florida property insurance market improves

If their insurers lose their financial stability ratings, Florida homeowners will not lose their insurance coverage or face forced policies — at least not during hurricane season. The Florida Office of Insurance Regulation announced today that the state will provide 100 percent backstop coverage of any claim left unpaid by a bankrupt insurer through the… Continue reading Florida Creates Backstop to Protect Homeowners Insurance through Hurricane Season