Florida fines eight insurers over hurricane claims handling

American Coastal Insurance Co., American Mobile Insurance Exchange and Clear Blue Insurance Co. received the largest penalties at $400,000 each. Monarch National Insurance was fined $325,000; Tower Hill Prime Insurance Co., $250,000; TypTap Insurance Co., $150,000; Centauri Specialty Insurance Co., $100,000; and Sutton National Insurance Co., $50,000.

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