Uncertainty over smaller Floridians as Demotech acts

Florida's assignment of benefits (AOB) water claims deluge
has left a number of its smaller homeowners' insurers facing an
uncertain future after Demotech signalled a round of downgrades
early next month.
In a broad statement bemoaning the current operating environment
for carriers, the ratings agency said it would suspend guidance for
Florida property insurers because industry claims procedures and
protocols had been reversed in the state.
Demotech
reported that every Florida property writer it