Florida's Insurance Market

The property insurance market in every other state seems to be headed down the road that Florida has paved. Here is Florida's origin story of this crisis.

State regulators Friday asked a judge to place a property-insurance company in receivership, making it the sixth Florida property insurer declared insolvent this year amid widespread financial problems in the industry.

As Florida mops up the remains of Tropical Storm Debby, the state’s chief insurance officer says the state can take an even bigger wallop should more…