Florida and Louisiana in crisis – a tale of two states

The current numbers account for around $307 billion of exposure, and around 10% of all the state’s homeowners’ policies – making it Florida’s largest homeowners’ insurer. “We’re now averaging around 5,000 new policies a week, and that’s net,” Michael Peltier, Citizens media relations manager, told Insurance Business. The prognosis is not good – the Insurance … Read more