Insurance Commissioner David Altmaier on Wednesday issued an emergency order that will temporarily prevent property insurers from dropping customers in the aftermath of Hurricane Ian.CatastrophePropertyLegislation & Regulation
The order will suspend cancellations or non-renewals of policies for two months.
‘Between September 28, 2022, and November 28, 2022, no insurer or other entity regulated under the Florida Insurance Code shall cancel or non-renew, or issue a notice of cancellation or nonrenewal of a policy or contract of insurance covering a property or risk in Florida, except at the written request or written concurrence of the policyholder,’ the order said.
Also, the order will temporarily shield homeowners from losing policies if their properties are damaged in Hurricane Ian. Under it, insurers will be barred from canceling or non-renewing policies for at least 90 days after the properties are repaired.
Altmaier issued similar orders after Hurricane Irma plowed through much of the state in 2017 and Hurricane Michael devastated parts of Northwest Florida in 2018.