The State of Florida is reviewing many carriers and several are borderline,but doing well or trying to find more capitilization. Some carriers are under closer watch like Northern Capital and Southern Oak. Magnolia is already being shut down this year and Edison is being purchased by Florida Peninsula.The Florida legislature is in session and the re is a meeting scheduled for 3/23 w/ the Florida cabinet and alex sink’s office to determine how to handle the problem. This is because Hurricane season is getting close.Please read the following aryticle for more details;

http://www.insurancejournal.com/news/southeast/2010/03/10/108007.htm

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