12min chapter

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Did Hurricane Ian Bust Florida’s Housing Boom?

The Daily

CHAPTER

Reinsurers and Florida's Insurance Crisis

This chapter examines the vital role of reinsurers in Florida's insurance market following the financial aftermath of Hurricane Ian. It highlights the challenges faced by private insurers and the potential implications for public insurance companies, including the burdens placed on residents and the housing market. The discussion also raises ethical questions about climate adaptation and the financial responsibilities of different socioeconomic groups amid these looming risks.

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