For Florida home insurance customers, the hits just keep coming.
On top of a series of steep rate increases over the past few years, now come surcharges to clean up messes left behind by failed insurance companies.
Orlando-based St. Johns Insurance Co. — one of the 10 largest Florida insurers with more than 204,600 policies statewide as recently as 2019 — went into receivership late last month after losing its financial stability rating by analysis firm Demotech.
