Dr. Robert Hartwig co-authored a paper titled "It's Not Just The Weather" discussing how the tragedies from Hurricane Andrew led to positive community safety innovations through modern building codes and enhanced regional mitigation initiatives. However, thirty years later, there … [Read more...] about It’s Not Just the Weather: The Man-Made Crises Roiling Property Insurance Markets
Archives for August 2022
RG MAGS 7/27/2022- Thirty Years After Andrew, Florida is in Insurance Crisis Again
Thirty years ago, the Category 5 storm, Hurricane Andrew, caused damage on a previously uncontemplated scale. The storm rendered 11 US insurers insolvent and resulted in a fundamental change in how catastrophic risk was insured. Rates for insurance premiums tripled as insurers … [Read more...] about RG MAGS 7/27/2022- Thirty Years After Andrew, Florida is in Insurance Crisis Again