Friday, November 25, 2022

FedNat insurance coverage firm declared bancrupt

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One other Florida insurance coverage firm declared bancrupt

Simply as owners throughout the state prepare for Hurricane Ian, WESH 2 is following up on some breaking information that one other Florida insurance coverage firm cannot pay its money owed.The Workplace of Insurance coverage Regulation says FedNat turned bancrupt earlier this month.FedNat already began canceling plans in Might, however WESH 2 is working to learn the way the insurance coverage firm’s present policyholders shall be impacted by this newest improvement.WESH 2 has reached out to FedNAT to get their response, however have not heard again but.

Simply as owners throughout the state prepare for Hurricane Ian, WESH 2 is following up on some breaking information that one other Florida insurance coverage firm cannot pay its money owed.

The Workplace of Insurance coverage Regulation says FedNat turned bancrupt earlier this month.

FedNat already began canceling plans in Might, however WESH 2 is working to learn the way the insurance coverage firm’s present policyholders shall be impacted by this newest improvement.

WESH 2 has reached out to FedNAT to get their response, however have not heard again but.



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