Because of lack of information at first blush, usually people do this,
We are monitoring the NFIP bonds that cover hurricane-induced flooding, however it is too early to tell the exact impact,
I don't know of any homeowners policy that doesn't have it already there,
If you call your carrier, they might be able to expedite the loss of use claim filing for you and issue a check early so that you're not stuck trying to figure out how to pay for separate housing,
The worst-case scenario of a direct hit to Tampa didn’t materialise,
While too early to make insured loss estimates, a major hurricane impact in one of Florida's most heavily populated regions could result in mid-double-digit billion dollar loss,
A 1-in-100 year event is estimated by some to result in $175bn in losses for landfall in the Tampa region, and $70bn in losses in the Ft Myers region,
Rates are going to continue to just go up and up, insurers could go bankrupt and Citizens will be on the hook to pick up that much more of the slack,
We will always be in a position to pay claims,
In a couple months, once the weather gets nice, people are going to start coming down, sight unseen,
These are additional risks that, based on the fundamental principles of insurance, should not be present,
Our business continuity planning efforts and exercises, which are broadly participated in by our member firms, are designed to prepare the industry to the extent possible for major events such as this one,