It is patently wrong to knowingly make these people be insured with an insolvent company. |
It will work itself out, but patience is something that people need to exercise at this point. |
It's one more ominous sign that Florida's property insurance market is approaching a state of crisis. It also calls into question how the company was allowed to attain such a concentration of coastal exposure that many predicted would produce this type of adverse result if the wind blew harder than usual. |