'It's going to take time': Florida leaders continue to urge patience amid crushing home insurance costs

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'It's going to take time': Florida leaders continue to urge patience amid crushing home insurance costs

Patience is the word state officials are telling many Florida policyholders to have when it comes to insurance."I said we needed 12 to 18 months for their correction to take effect, and here we are at month 14," Florida Chief Financial Officer Jimmy Patronis said Thursday. "We're having carriers that are starting to drop rates."Patronis made that statement during an insurance roundtable held this week in Clearwater as he tried to explain the eff…