I’m a cracker in north flordia. The state wouldn’t have needed Citizens Property Insurance Corp, if all was well. Six private carriers have left the state since 2017. This event will further destroy the market, and the taxpayers will continue to subsidies the market.
I’ll never forget Allstate cancelling thousands of Andrew policies AFTER the storm. And they got away with it.
You listed an example of an insurance company ...
What does it cost to insure your house against these monsters?
“Citizens Property Insurance Corp”
Assets: $10 Billion