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Monthly Archives: November 2015

Florida Insurers Said to Pass Stress Tests, Though Data Limited

industry-newsBy SiteMGRNovember 2, 2015

ORLANDO  — A state report says 67 Florida property insurers “ultimately” passed a stress test that simulated three hurricane scenarios, though at least one company — which was not named — did not initially have enough reinsurance, or backup coverage to pay claims. Florida Insurance Commissioner Kevin McCarty said the aggregate results mean consumers “should have…

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