[TexasGator]

“That’s the state run company. They roughly ensure 25% of the Tampa market.”

Set up by the state but not run by the state. Premiums are paid into company and claims to be paid out of their reserves.

[Theoria]

Hah, still will be the taxpayer as the backstop. That's how the system is. Far better, not to have it. Political forces prevent it from being effective and manageable.