State guaranteeing insurance claims through hurricane season to counter downgrade risk [South Florida Sun-Sentinel]

News Source: Insurance News Net [South Florida Sun-Sentinel] Author: Ron Hurtibise Date Published: July 27th Florida homeowners won’t lose their insurance coverage or face force-placed policies if their insurers lose their financial stability ratings — at least through hurricane season. The Florida Office of Insurance Regulation today announced that the state, through the Florida Insurance Guaranty Association and state-run Citizens Property Insurance…