Mexico Beach, Florida, 16 days after Hurricane Michael. Photo by Terry Kelly/Shutterstock.com Mexico Beach, Florida, 16 days after Hurricane Michael. Photo by Terry Kelly/Shutterstock.com

The market for reinsurance, a critical piece of Florida's property insurance system, is improving. But it comes at a price.

Those are takeaways from new reports as Florida insurers try to bounce back after two years of homeowners losing policies and facing major rate increases because of financial troubles in the industry.

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