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Is Florida’s insurance market finally recovering?

October 19, 2023

Florida’s insurance market has managed to see an upturn after years of struggling with profitability.

This is according to Mark Friedlander of the Insurance Information Institute (Triple-I), who pointed to figures from the state’s insurance regulator.

“According to data from the Florida Department of Insurance Regulation, insurers are showing much more positive results this year than they have in the past,” Friedlander said in an interview with local news network WPTV.

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