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Why Florida's Home Insurance System Subsidizes Those in Hurricane Prone Areas

Posted by nurul Saturday, April 25, 2009 0 comments
After Hurricane Andrew and continuing to this day, Florida home insurance companies have continued to pull out of the state or seek significant rate increases. Why? Because both Florida homeowners insurance companies and state regulators can't seem to agree on the right amount that consumers should pay for the hurricane portion of their Florida home insurance bill.As a result, beginning in the
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