P/C insurance market in Florida sees entry of small insurers

10/8/2009 | Wall Street Journal, The

Some small insurers are entering Florida's P/C insurance market, buoyed by the departure of several major insurers and the programs offered by the state to shore up capital. About 30 carriers have started writing coverage in the state's coastal areas since 2006, but analysts doubt if the firms could remain solvent after a series of hurricanes.

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