3 ms·
Florida already has a state run insurance company for this exact reason https://www.citizensfla.com/who-we-are https://www.citizensfla.com/who-we-are
by AaronM 3y ago
Florida already has a state run insurance company for this exact reason
https://www.citizensfla.com/who-we-are https://www.citizensfla.com/who-we-are
- seanharper 3y agoIn Florida Citizens is the largest homeowners insurance company and it competes vigorously with the private market. The issue with Citizens is that it does create a lot of financial risk for the state, especially since it doesn't buy as much reinsurance as a private company would.