Florida’s homeowner’s insurance crisis could worsen as more companies downgrade their ratings
WEST PALM BEACH, Fla. – Little has changed in lowering homeowner’s insurance premiums since the Florida State Legislature came into session in May. As many as 400,000 homeowners in Florida have had their insurance dropped or received non-renewal letters since January. In addition, 275,000 homeowners had to find a new insurance provider because their companies …