Florida's insurance market is facing challenges in the wake of hurricanes, with rising costs and limited coverage options affecting many residents. The state's unique geography and frequent natural disasters have created a complex insurance landscape. While some insurers are increasing rates and restricting coverage, others are stepping up to offer new policies and services.

Source: https://www.bloomberg.com/news/articles/2024-10-28/hurricanes-and-florida-s-messy-insurance-market