More Private Insurance Available For High-Risk Coastal Properties In The U.S., According To Latest I.I.I. Residual Markets White Paper

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Florida’s State-Backed Residual Policy Count Drop Drives 14 Percent Decrease Nationally June 6, 2016 NEW YORK, June 7, 2016 — High-risk coastal property owners in the United States are increasingly able to buy coverage from private-sector insurers, thereby reducing the exposure of state-run residual property insurers, according to the Insurance Information Institute (I.I.I.) The I.I.I.’s…