A Florida-based research scientist is predicting this year’s hurricane season to be above average, with 7 hurricanes and three to four major hurricanes.
All Florida homeowners with policies from Anchor Property and Casualty Insurance Company will be migrated to a new insurance company, the Florida Insurance Commissioner has announced.
AM Best has announced it downgraded one Florida insurance company’s financial strength rating, citing hurricanes and market conditions as the challenges for the company.
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