It sounds like the state of Florida provides insurance of last resort because larger insurance companies refused to provide coverage after 1992 with the state c

It sounds like the state of Florida provides insurance of last resort because larger insurance companies refused to provide coverage after 1992 with the state created Citizens Property Insurance Corporation. Of course that doesn't meant they won't come asking for a federal bailout when things go pear shaped. https://en.wikipedia.org/wiki/Citizens_Property_Insurance_Corporation https://en.wikipedia.org/wiki/Citizens_Property_Insurance_Co... http://www.rollingstone.com/politics/news/why-the-city-of-miami-is-doomed-to-drown-20130620 http://www.rollingstone.com/politics/news/why-the-city-of-mi...