[daveguy]

> Or an insurance company that went bankrupt?

Yes. There were 6 insurance companies that went bankrupt in Florida in 2022. I am surprised you didn't know insurance companies go bankrupt all the time due to mismanagement.

https://news.climate.columbia.edu/2022/11/03/with-climate-im...

Insurance should not be used as a profit source. It is antithetical to the purpose of insurance.

[refurb]

Those are tiny state insurance companies. I was thinking large national ones.

Regardless, the Florida examples are eligible for FIGA insurance that covers claims that insolvent insurer can’t.