A popular home and auto insurer said it will non-renew certain home insurance policies in Florida without specifying which homeowners will be impacted.

The American Automobile Association cited rising levels of risk due to weather events, such as hurricanes, as well as fraud and abuse.

“It’s not a market withdrawal,” said Mark Friedlander, director of corporate communications at the Insurance Information Institute. “What AAA is doing is a very common practice in Florida where property insurers assess their risk tolerance to determine whether they can profitably write certain types of businesses in Florida. Triple A, just like many companies over the last couple of years, have determined that certain properties no longer fit their risk profile.”

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