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As hurricane season approaches, 3 insurers canceling thousands of Florida customers

As hurricane season approaches, 3 insurers canceling thousands of Florida customers
Sun Sentinel
3 hrs ago
Ron Hurtibise, South Florida Sun-Sentinel
© Provided by Sun Sentinel
As insurers continue to bemoan heavy claims losses and litigation costs in South and Central Florida, state insurance regulators are allowing three companies to cancel or not renew thousands of policies, forcing those jilted customers to find new coverage weeks before hurricane season begins.
As another hurricane season bears down on the state, more than 50,000 Florida home insurance customers will soon receive notices that their policies have been canceled or won’t be renewed.
State insurance regulators recently authorized “extraordinary” terminations of thousands of policies of Florida-based insurers Universal Insurance of North America, Gulfstream Property & Casualty, and Southern Fidelity. ....

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These insurers are dropping thousands of policies - South Florida Sun-Sentinel

Three Florida based insurance companies will be canceling thousands of homeowner policies, in what state insurance regulators called an "extraordinary" measure to allow the companies to avoid financial collapse. Most of the canceled customers will have no choice but to turn to state-owned Citizens Property Insurance Corp., ratcheting up fears that Citizens' growth could make all Florida insurance customers vulnerable to surcharges if Citizens can't afford to pay all claims after a catastrophic hurricane season. ....

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As hurricane season approaches, three insurers are canceling thousands of Florida customers

As hurricane season approaches, three insurers are canceling thousands of Florida customers
Sun Sentinel
1 hr ago
Ron Hurtibise, South Florida Sun-Sentinel
© Provided by Sun Sentinel
As insurers continue to bemoan heavy claims losses and litigation costs in South and Central Florida, state insurance regulators are allowing three companies to cancel or not renew thousands of policies, forcing those jilted customers to find new coverage weeks before hurricane season begins.
As another hurricane season bears down on the state, more than 50,000 Florida home insurance customers will soon receive notices that their policies have been canceled or won’t be renewed.
State insurance regulators recently authorized “extraordinary” terminations of thousands of policies of Florida-based insurers Universal Insurance of North America, Gulfstream Property & Casualty, and Southern Fidelity. ....

United States , Palm Beach , Michael Peltier , David Altmaier , Paul Handerhan , Joesph Petrelli , America Insurance Company , Association For Insurance Reform , Office Of Insurance Regulation , Citizens Property Insurance Corp , Southern Fidelity Insurance Company , Florida Legislature , Insurance Company Of North America , Central Florida , Universal Insurance , North America , Gulfstream Property , Federal Association , Insurance Regulation , South Florida , Insurance Commissioner David Altmaier , Insurance Company , Universal Property , Fidelity Insurance Company , Southern Fidelity , ஒன்றுபட்டது மாநிலங்களில் ,

As hurricane season approaches, three insurers are canceling thousands of Florida customers

As hurricane season approaches, three insurers are canceling thousands of Florida customers
orlandosentinel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orlandosentinel.com Daily Mail and Mail on Sunday newspapers.

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Citizens customers won't pay as much as feared

Citizens customers won't pay as much as feared
orlandosentinel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orlandosentinel.com Daily Mail and Mail on Sunday newspapers.

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