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Florida Legislature unlikely to pass large-scale reforms of Citizens Insurance
TALLAHASSEE — For six years, Mother Nature has granted Florida uncommon tranquility along its 1,200-mile coastline, where the state's peninsular mass dangles precariously in some of the world's most hurricane-prone waters.
During that probability-defying streak of hurricane-free seasons, Florida's largest insurer of homes — state-run Citizens Property Insurance Corp.— has seen its exposure to risk skyrocket and its financial outlook deteriorate.
Source: TCPalm