Reinsurers Won't Waive Deductibles

By Arthur D. Postal, Washington Bureau Chief

NU Online News Service, Oct. 27, 4:31 p.m. EDT?Reinsurers are making clear they won't participate in any waiving of deductibles for Florida homes damaged by multiple hurricanes, meaning that if primary insurers decide to waive the payement of multiple deductibles, as some have, they will have to absorb the cost on their own.

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