Will Charley Crush Some Insurers?
NU Online News Service, Aug. 17, 4:20 p.m. EDT?Hurricane Charley could possibly be financially deadly to several Florida property-casualty insurers with the bulk of their policyholder population in the state, according to a rating firm.[@@]
Standard & Poor's in New York identified ten companies for which Florida business represents at least 80 percent of all premiums written, with seven of those companies writing more than 90 percent of their business in the state.
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