The Real Deal Miami

Regulator halts warranty issuer

October 15, 2009 10:48AM

Florida Insurance Commissioner Kevin McCarty has forced National Home Protection to stop issuing and selling home service warranty products, adding Florida to the list of states to clamp down on the company. Last April, New York Attorney General Andrew Cuomo cited 340 complaints against National Home and froze its assets to ensure customers could be repaid. National Home Protection has 21 days to appeal the cease-and-desist order from McCarty. The Office of Insurance Regulation keeps a list of all Florida-licensed companies in a database.