Florida has enjoyed a record run of seven years without a hurricane making landfall, but industry experts question whether Florida's state-controlled insurance system is able to cope in the long term.
Florida has enjoyed a record run of seven years without a hurricane making landfall, but industry experts question whether Florida's state-controlled insurance system is able to cope in the long term.
Bills are quietly moving at the Capitol that would change the 40 year old system designed to help Floridians needing to rebuild or repair their homes but whose insurer is bankrupt.
Bills are quietly moving at the Capitol that would change the 40 year old system designed to help Floridians needing to rebuild or repair their homes but whose insurer is bankrupt.
Reading the reminiscences of former Florida Insurance Commissioner Tom Gallaghers trials in the aftermath of Hurricane Andrew got me to thinking about what a hit the insurance industry took from that storm. Im not talking about the financial hit, but the reputational hit.