Challenges in Florida domestic property market pile up as hurricane season looms
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

Challenges in Florida domestic property market pile up as hurricane season looms

Eileen AJ Connelly
26 May 2021
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
Vacation Beach Houses in St. Augustine, Florida
A row of vacation cottages in the sand dunes in St. Augustine, Florida.

AM Best said predictions for an active 2021 hurricane season only compound the list of pressures carriers must manage in the Sunshine State, as Florida insurers’ move to increase their rates may be “too late and a dollar short”.

Profitability has suffered despite no hurricanes making landfall in Florida in the past two years, the ratings agency said.

AM

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Take a free trial Already a subscriber? Login now

Topics

News(Re)insurersFlorida
EC
Eileen AJ Connelly
Gift this article