Fla OKs Surcharge for Property Insurance

by carol » Fri Jun 23, 2006 06:32 am
Posts: 566
Joined: 28 Sep 2005

The state has approved a 2 percent surcharge on all property insurance policies to help cover outstanding claims for one of Florida's largest property insurers, whose insolvent subsidiaries are being liquidated under state control because of hurricane losses.

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