Florida is one of the most complicated insurance regions in the United States due to constant population increases, litigation propensity, and differing property landscapes ranging from new development to 18th century construction. All of this, of course, in addition to the effects of Mother Nature such as rising flood tables, varying weather patterns and natural disasters. Such an atmosphere creates the perfect storm for Florida Property Insurance companies, as it continues to keep homeowner’s insurance carriers in a hazardous financial environment.
