3min chapter

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BONUS: A look inside the Florida insurance market amid Hurricane Ian with Ryan Letzeiser of Obie

Power House

CHAPTER

Is OB Going to Not Insure in the State of Florida?

OB does not write in the state of Florida right now. It's a strategic move to you know eliminate some of that undue stress as it relates to having a high loss ratio, he said. OB may be an opportunity for us to offer an insurance product in Florida. We just don't we can't put our finger on pricing quite yet and we don't understand the pulse of the market or drivers that are going to allow us to feel comfortable writing profitable business there.

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