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State insurance leaders say Florida is coming out of the insurance crisis it has been in for nearly a decade, with insurers stabilizing rates and more companies entering the Florida market. A sign of growth, according the Office of Insurance regulation, approving the 13th company just approved the enter the Florida market in April: Patriot Select Property and Casualty Insurance.
SITTING DOWN WITH THE CEO
Inside the small St. Pete office, ABC Action News Anchor Nadeen Yanes sat down with it’s CEO, John Rollins.
“It feels relieving, because we’ve been raising capital trying to get into the Florida homeowners insurance market for about a year and a half now,” he said.
