A Florida insurance company is scrambling to explain why it denied 77% of claims after Hurricane Debby. NOTUS reported in September that a significant number of insurance claims were denied. Months later, NOTUS said the company has scrambled to justify those denials. Citizens Property Insurance Corp...
A Florida insurance company is scrambling to explain why it denied 77% of claims after Hurricane Debby.
That would be because every home/property insurer in Florida is going broke / leaving the state / hiking up rates by absurd amounts.
Oops, climate broke, living in Florida is economically unsustainable.
Its not like Florida is gonna do a massive spending program to renovate and refit homes…they tried to do a government backed home insurance and oops thats too expensive too, time to cancel it.
That would be because every home/property insurer in Florida is going broke / leaving the state / hiking up rates by absurd amounts.
Oops, climate broke, living in Florida is economically unsustainable.
Its not like Florida is gonna do a massive spending program to renovate and refit homes…they tried to do a government backed home insurance and oops thats too expensive too, time to cancel it.
Good. Let them reap what they sowed.