Sea-changing Florida renewal should drive long-term gain but ILS capital remains in 'show me' mode
When the US comes back online after Memorial Day weekend, it is an open question how much longer some Floridian insurers will be serving homeowners.
With reinsurance availability scarce and costs rising, and in an already challenged environment, several carriers before the weekend had called an interim halt to new homeowners’ business across the state (Southern Fidelity and People’s Trust), while another major insurer,...
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