Tropical Storm Fay has more effects than leaving behind many Claims. Reportedly, Property Insurance Companies have a "no-bind" practice or procedure in response to any National Weather Service Watch or Warning that is issued in Florida for a Tropical Storm or Hurricane. This means that in the case of Tropical Storm Fay, for example, house closings are on hold until Insurance Coverage can be finalized once Fay leaves Florida once for all. Jeff Harrington, "Tropical Storm Fay Gets in Way of Home Closings" (St. Petersburg Times Online, Tuesday, August 19, 2008).
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