Florida carriers aim to temporarily restrict business
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Florida carriers aim to temporarily restrict business

Farhin Lilywala
May 24, 2023
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Several carriers in Florida are planning to or have changed their underwriting guidelines for new and existing homeowners’ business ahead of June 1 reinsurance renewals, citing increased reinsurance renewal pricing and exposure management, this publication understands.

Some of these carriers include Nationwide and Universal North America.

The pullback mirrors what the state went through last year before and after June 1, when many carriers paused or suspended writing new and existing business, and multiple local carriers...

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NewsFloridiansNationwideUniversal
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Farhin Lilywala
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