With Hurricane Milton’s passage, storm assessments are well underway across Florida. But one likely outcome, insurance industry watchers fear, is that owners of shredded and torn properties are in for a financial soaking. A vulnerability in Florida’s property insurance market — finger-pointing over whether water damage was caused by flood inundation or breaches in the structure that let rain through — is likely being exposed again by Milton’s sea surge, devastating winds and torrential downpours along a vast swath of the state, from Siesta Key on the west to Daytona Beach on the east. Read the article…………………………….
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