Florida Windstorm Underwriting Association.

A verdict has been reached in the lawsuit filed on behalf of 400,000 homeowners who allege that the massive rate hike for windstorm insurance on coastal homes was approved improperly four years ago. The 1st District Court of Appeal in Tallahassee decided that the company should not have been allowed to double the rates. (Apr-27-04) [PALM BEACH POST]

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