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How Some Florida Property Insurers Manage to Succeed
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About 50 Florida property insurers reported losses in 2009, even though there was no major storm. But that also means there were at least as many not losing money. What do they know, what are they doing, that the others aren't? Insurance Journal's Andy Simpson asked Kevin McCarty, insurance commissioner; James Graganella, president/CEO, Southern Fidelity and Capitol Preferred; and Jay Newman, chairman, one-year old Sawgrass Mutual for their thoughts on what makes some insurers more successful than others in the Sunshine State.
