6 ms·

Do you have a source on FL being uninsurable? I just renewed my homeowners hurricane insurance.

• ggm 3y ago
  It was hyperbole. The underlying point is that the insurance and re-insurance industry has already factored the risks into pricing and has therefore both changed the horizon of current insurance costs, and forced (maybe the wrong word: encourage, motivated, pushed for) changes in resiliency, mitigation and I believe underwriting/re-insurance by the state: https://www.standrewslawreview.com/post/the-impact-of-climate-change-on-florida-s-insurers https://www.standrewslawreview.com/post/the-impact-of-climat... https://www.scientificamerican.com/article/climate-change-is-destabilizing-insurance-industry/ https://www.scientificamerican.com/article/climate-change-is... https://www.lse.ac.uk/granthaminstitute/publication/insuring-climate-catastrophes-in-florida-an-analysis-of-insurance-pricing-and-capacity-under-various-scenarios-of-climate-change-and-adaptation-measures-working-paper-50/ https://www.lse.ac.uk/granthaminstitute/publication/insuring... https://diginole.lib.fsu.edu/islandora/object/fsu%3A539156 https://diginole.lib.fsu.edu/islandora/object/fsu%3A539156 https://www.law.com/dailybusinessreview/2022/08/29/its-a-big-problem-the-insurance-industry-is-the-harbinger-of-south-floridas-climate-change-risks/?slreturn=20230425182101 https://www.law.com/dailybusinessreview/2022/08/29/its-a-big... https://www.aft.org/press-release/new-report-reveals-gov-desantis-role-florida-home-insurance-crisis-workers-and-allies https://www.aft.org/press-release/new-report-reveals-gov-des... https://www.flgov.com/2022/12/16/governor-ron-desantis-signs-two-bills-to-support-disaster-relief-and-help-stabilize-floridas-property-insurance-market/ https://www.flgov.com/2022/12/16/governor-ron-desantis-signs...