Florida’s property insurance market was already under stress. Ian could make it worse

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A man stands in front of his destroyed house in the aftermath of Hurricane Ian in Matlacha, Florida on October 3, 2022.

Rampant litigation, costlier storms and rising reinsurance costs have all combined to make chaos in Florida’s home insurance market. Now, some worry Ian could send even more insurers out of the state.

(Image credit: RICARDO ARDUENGO/Ricardo Arduengo/AFP/Getty Images)

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