Wednesday, February 07, 2007

Tornadoes Should Not Affect State Insurance Market

Despite having killed 20 residents, the tornadoes that recently struck Central Florida will not have serious effects on insurance rates. The state has suffered eight hurricanes since 2004 and just two hurricanes resulted in 2.7 million claims. In the past year, thousands of FL policyholders have had property insurance rates double or triple. Lynn Waddell, The New York Times 02/06/2007 Read Article: The New York Times

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