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Florida’s insurance rates have almost doubled over five years, yet insurance companies are still losing money --- and the reason is more insidious than hurricanes

Por: MarketWatch Politics October 10, 2022

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What’s making it so hard for Florida insurers to survive? Florida’s insurance rates have , yet insurance companies are still losing money for three main reasons. One is the rising hurricane risk. Hurricanes Matthew (2016), Irma (2017) and Michael (2018) were all destructive. But a lot of Florida’s hurricane damage is from water, which is covered by the , rather than by private property insurance. Another reason is that reinsurance... + full article



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