Insurance agencies push back on rater’s outlook after Hurricane Irma
Jul 6, 2018
Florida Property & Casualty Association, an association of Florida-based home insurers, is disputing claims made by Weiss Ratings, including that, “Many Florida homeowners are still waiting for their insurance claims to come through after a severe hurricane season last year.”
The claim was made by Gavin Magor, Weiss Ratings Director of Research, in a press release sent out June 14.
“If the 2018 hurricane season is similar or worse, it could compound the problem, raising questions about the ability of weaker insurers to promptly cover major damages,” Magor also warned in the release.