“If a major hurricane strikes Florida this season, we all pay”
Palm Beach Post, May 30, 2009
“This is not just another hurricane season,” said Erwann Michel-Kerjan, a University of Pennsylvania professor and author who specializes in catastrophic risk. The start of the season finds Florida’s insurance market in a “fragile” state, an analysis by Fitch Ratings concludes. The largest remaining private insurer, State Farm, has threatened to leave within two years … More
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