There’s a high-cost state-run insurer of last resort (Citizens Property Insurance Corporation) which is still in operation. The right set of storms could break that.
It won’t even need a big set of storns. It will just need the constant slightly elevated and worsening conditions we’ve been seeing, with more frequent major events. A failure of attrition , literally and figuratively.
There’s a high-cost state-run insurer of last resort (Citizens Property Insurance Corporation) which is still in operation. The right set of storms could break that.
It won’t even need a big set of storns. It will just need the constant slightly elevated and worsening conditions we’ve been seeing, with more frequent major events. A failure of attrition , literally and figuratively.
Then they might just be counting on FEMA and other federal aid to bail them out. They might even try holding themselves hostage at some point.