Why Florida insurers could double homeowners’ rates
Florida has seen its share of calamities, but an “epidemic of insurance claims” could shove the Sunshine State down a financial sinkhole even before the next hurricane hits.
Lawyers and “restoration companies” have teamed up to create a superstorm of lawsuits forcing Florida’s home and auto insurers to either raise rates — or leave the state. And, to the chagrin of insurance companies, their tactics are totally legal… Read more here.
