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