The Miami Herald (MH) has a good article analyzing the long list of failed private insurers, their rating agencies and the fleecing of Citizens insurance and by proxy the taxpayer. HIH has been saying this all along with our article: Opt Out: Citizens Insurance under Depopulation in Preparation for Active Hurricane Season. We're glad to see MH has picked it up as it should continue to expose the revolving door in effect with private insurers in Florida. They come, they fleece, they go! Modern carpetbagging at its worst all facilitated by the Governor and Sate Legislature.
MH performed a worthwhile analysis that all homeowners should read so they may make better informed decisions regarding their insurers options.
Click on the link below for the full article.
TALLAHASSEE: Despite no hurricanes, many ‘takeout’ insurers fail - Florida - MiamiHerald.com
TALLAHASSEE: Despite no hurricanes, many ‘takeout’ insurers fail - Florida - MiamiHerald.com
