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Old 08-28-2007, 04:12 PM
 
Location: Miami
6,853 posts, read 22,455,683 times
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Nationwide Insurance will drop 40,000 policies in September 2007, customers will be covered through this hurricane season however.

http://www.floridatoday.com/apps/pbc...-1/capitolnews
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Old 08-28-2007, 04:52 PM
 
3,842 posts, read 10,510,708 times
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Now, I know that the insurance companies are going to use the past seasons are their reasoning, etc....

My question is starting to be is some of this being caused by the horrible weather the midwest states such as OK & MO have seen the past several months along with TX. Excessive flooding of hundreds & hundreds of homes.

Florida, just due to its geographical location is probably a horrible liability for any insurance company. But, in the past 12 months, what natural disasters [knock on wood] have happened throughout the state to justify so many of these companies doing this sort of thing?

Are these companies also cancelling policies in OK, TX, MO, IN & OH? I am no Florida fan by any means, but heck, people are getting screwed down here big time by any reliable insurance companies.
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Old 08-28-2007, 05:11 PM
 
Location: Living in Paradise
5,701 posts, read 24,158,830 times
Reputation: 3064
Great point!!!... Most of the nation is experiencing some type of disaster and the way we are going will not get better for other states.

Will the nightmare of the insurance madness take over in the rest of the nation?
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