With Florida about to enter peak hurricane season, a state insurance association representing more than a dozen insurers in Florida is hitting back against a recent report from ratings agency Weiss Ratings that identified 10 Florida-based insurers as “weak.”
The insurer trade group, the Florida Property & Casualty Association (FPCA), dsiputes the “weak” assessments by Weiss and defending the marketplace in general, saying it does not believe Weiss is a legitimate ratings agency.
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