Risk Management and Insurance Solutions

Reinsurance in Florida’s long-stressed property insurance market was supposed to have stabilized this year – with only moderate rate increases and more availability.

But those calmer waters apparently have not reached the mobile home market, and Florida insurance agents are now reporting that higher reinsurance costs have forced at least one carrier to cancel coverage for mobile homes and manufactured homes. https://ecs.page.link/JidyN

He was always on point about how the world works.

This is true, however Ricardo Lara’s inability to pass reasonable rate increases in a timely fashion is the reason insurers are slowing down the ability to procure coverage. Let’s assign blame where it’s most warranted. The CA state regulators who control the insurance marketing CA, caused this disaster, or certainly are attributed the majority of the blame.

California Commissioner Warns Insurers About Auto Insurance Consumer Complaints California Insurance Commissioner Ricardo Lara issued an official notice to insurers regarding consumers who have been reporting issues obtaining auto