Lawsuits against property and casualty insurers with the largest market shares in Florida increased sharply in the first quarter of 2018 compared with the same period last year, and Hurricane Irma claims are to blame, insurers say. awsuits against property and casualty insurers with the largest market shares in Florida increased sharply in the first quarter of 2018 compared with the same period last year, and Hurricane Irma claims are to blame, insurers say. Increased costs to insurers from the suits wont affect rates for hurricane insurance this year but could impact them next year, when insurers negotiate reinsurance contracts based in part on total losses from the September 2017 storm, the president of a large Florida-based insurer said.
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