9min chapter

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Did Hurricane Ian Bust Florida’s Housing Boom?

The Daily

CHAPTER

Hurricane Ian's Impact on Florida Insurance

This chapter explores the profound effects of Hurricane Ian on Florida's private insurance market, distinguishing between flood and wind damage coverage. It reflects on the historical context of Hurricane Andrew's devastation and its implications on insurance legislation and home ownership. The discussion addresses the challenges faced by buyers in securing insurance and the vital role of reinsurance in ensuring stability in Florida's insurance landscape.

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