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Property insurers in Florida could face downgrades; Patronis warns of ‘financial chaos’

TALLAHASSEE — Florida regulators scrambled Thursday after they reported a financial ratings agency notified about 17 assets insurance policy providers of probable rankings downgrades. Insurance policy Commissioner David Altmaier and state Main Monetary Officer Jimmy Patronis questioned the scores company, Demotech Inc., and warned that this kind of widespread downgrades […]