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The Florida Legislature's passage of a measure allowing the state-created property insurer of last resort to assume more risks is a dangerous financial move for businesses and taxpayers, insurance ind

The Florida Legislature's passage of a measure allowing the state-created property insurer of last resort to assume more risks is a dangerous financial move for businesses and taxpayers, insurance ind

The bill has drawn harsh criticism from the insurance industry, which has argued it provides only short-term fixes, makes the market more difficult for insurers and could expose taxpayers to a massive

The bill has drawn harsh criticism from the insurance industry, which has argued it provides only short-term fixes, makes the market more difficult for insurers and could expose taxpayers to a massive

One measure would allow greater access to the Florida Insurance Catastrophe Fund for so-called limited apportionment companies (LACs) with $25 million in surplus or less. It enables them to buy a $10