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Sixth Florida property-insurance company goes under

Por: Orlando Sentinel Business September 26, 2022

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TALLAHASSEE — State regulators have asked a judge to place a property-insurance company in receivership, making it the sixth Florida property insurer declared insolvent this year amid widespread financial problems in the industry. The Florida Department of Financial Services sought to be appointed receiver for FedNat Insurance Co., which canceled 56,500 policies in May and reached an agreement to transfer about 83,000 policies to another... + full article



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