NU Online News Service, June 2, 1:21 p.m. EDT
Florida's insurance commissioner has released a letter detailing how, despite hurricane concerns, carriers are continuing in the state insurance market, raising capital and forming new companies.
The observations from Commissioner Kevin M. McCarty were made in a letter he wrote to state Rep. William L. "Bill" Proctor, R-St. Augustine, in answer to several questions from the lawmaker regarding the state of the property insurance industry.
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