Deerfield-News. com-Deerfield Beach, Fl-While homeowners are celebrating the increase in their home’s equity many find themselves without homeowners insurance. There is an ongoing crisis in Florida that thus far has not gotten the attention of the Florida Legislature or governor to move and relive this ongoing nightmare. But the Florida Legislature and Governor DeSantis have failed to deliver a solution for homeowners insurance coverage for hundreds of thousands of Floridians. While Tallahassee has finally scheduled a much-needed and late-coming special session.
Another insurer is pulling out of Florida making seven companies in just a few months. Fed Nat based in Sunrise has filed with the SEC indicating that may not be able to operate. Citizens Insurance the insurer of last resort in Florida is inundated and can not possibly keep up with the demand and cover all of the uninsured.