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

Power House

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Inflation Impacts on Insurability

Inflation is just going to be fairly nasty until it gets under control but we anticipate premiums going up anywhere between 5 and 7 percent typically on a year over year basis. Our book as a whole is up I think 16 and a third percent year over year right now. A lot of that has to do with the fact that the cost to rebuild has just gotten really expensive, he says.

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