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Earlier this week, Florida Gov. Rick Scott asked the Insurance Commissioner David Altmaier to freeze insurance rate increases for 90 days, following the damage caused by Hurricane Michael.

The governor also asked the state’s insurance commissioner to rescind for 90 days all policy non-renewals or cancellations that had been issued in the period before Hurricane Michael made landfall to give policyholders more time to find coverage.

Insurance policyholders will also be given an extra 90 days to provide required information to insurers, WEAR reported.

Although it is too early to determine the total cost of damage caused by Hurricane Michael – a Category 4 storm – officials have described the results as “catastrophic.”

Posted 8:06 AM

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