New Now you can take heed to Insurance coverage Journal articles! Two extra Florida property insurers have stopped accepting new enterprise within the state. One in every of them blamed it partly on unfair and unexpectedly massive worth will increase from reinsurers this 12 months. The opposite service stated that, regardless of reinsurance points, it can probably resume writing in a couple of months. “We’ll settle for new enterprise purposes with efficient dates within the fourth quarter and past, and we anticipate opening as much as course of these purposes beginning in August,” reads an announcement from Centauri Insurance coverage, a part of Utilized Underwriters. “Nonetheless, we do anticipate that…
