Insurance Fraud Allegations In Florida Grow Against Allstate and State Farm
Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports that Allstate and State Farm are under fire for allegedly instructing insurance adjusters in Florida to falsify damage assessments after Hurricanes Helene and Milton. As losses mount into the billions, both companies are expected to retreat from high-risk areas like Florida. McIntyre highlights the broader implications: homeowners not only face reduced payouts, but uninsurable properties also become un-mortgageable, threatening housing stability.
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