Big shifts are happening in Florida’s property insurance market. The Tampa-based HCI Group has applied for a whopping 75,000 policies from Citizens Property Insurance, reflecting a robust first half-year profit. Meanwhile, the market welcomes Mainsail Insurance Co., with the anticipation that these changes will bring stability after years of surging premiums. Florida Insurance Commissioner Michael Yaworsky credits recent legislative reforms for these positive strides. Dive deeper into this insurance evolution in the detailed article.
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