Regulator, Florida Insurer Seek to Limit ’Excessive’ Claims (Insurance News Net)

Regulator, Florida Insurer Seek to Limit ’Excessive’ Claims

  Tuesday, October 12th, 2010 Source: Insurance News Net

With the plethora of reasons homeowners insurers cite for the difficult underwriting environment in Florida, both insurers and a regulator agree legislative changes are needed to tackle the problem of excessive claims. But the hottest of the hot-button issues seem to currently be sinkholes, public adjusters and replacement-cost coverage.

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