As Florida lawmakers try to stabilize the troubled property-insurance system next month, they could face worsening problems with reinsurance, a critical part of the system.
As Florida lawmakers try to stabilize the troubled property-insurance system next month, they could face worsening problems with reinsurance, a critical part of the system.
Consumers don’t pay for reinsurance – but property insurers do as a kind of “insurance for insurers.” Rate increases add another challenge to Fla.’s RE market.
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