Let me start by stating I only read about the first half of the article, so you can decide how much merit my post has but the insurers with risks located solely in the state of Florida are seeing the \”Positive Results,\” and it has little to do with Sound Risk Management (unless Sound Risk Management is not insuring property in the state of Florida). Over a dozen powerful storms in just over a year\’s worth of time does a lot to suck dry an insurer\’s capital despite risk management and high investment returns. Insurers limiting biz to FL risks, like the Poe group, got their a$$es kicked and are far from the Positive Results of any kind.
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Let me start by stating I only read about the first half of the article, so you can decide how much merit my post has but the insurers with risks located solely in the state of Florida are seeing the \”Positive Results,\” and it has little to do with Sound Risk Management (unless Sound Risk Management is not insuring property in the state of Florida). Over a dozen powerful storms in just over a year\’s worth of time does a lot to suck dry an insurer\’s capital despite risk management and high investment returns. Insurers limiting biz to FL risks, like the Poe group, got their a$$es kicked and are far from the Positive Results of any kind.
Sorry \”the insurers with risks located solely in the state of Florida are NOT seeing the \’Positive Results,\’\”