Another insurer bids goodbye to Florida, other hurricane-prone states | The Capitolist


  • United Property & Casualty Insurance Company, will exit the Florida market, as well as Texas and Louisiana, all states that are prone to hurricanes.
  • The company said obtaining reinsurance led to their decision to exit the market
  • Homeowners will be forced to shop elsewhere when their policies come up for renewal
  • State officials say recent measures put in place to shore up the market require time to make an impact

Another insurer bids goodbye to Florida, other hurricane-prone states | The Capitolist

Comments

Popular posts from this blog

Here are 3 smart moves every first-time homebuyer should know right now. Always get pre-approved before you start looking at homes online. Factor in things like property taxes and home insurance into your budget. And be sure to get an inspection, so you’re not caught off guard by costly repairs. While they may sound simple, these tips matter. And if you haven’t bought a house before, you may not realize just how important they are. Do you want more advice to make this process easier? DM me and let’s chat.