Given the date that Ian made landfall, with insurer Q3 2022 financial statements as of 9/30 due 11/15, best estimates for FL focused carriers are likely to be catastrophe modeling estimates from vendors. These should provide some measure, not definitive, of whether carrier gross losses are within their reinsurance tower. If Demotech and KCC are correct about excessive litigation, the current estimates for Ian can be on the low side. If so, a few will win big $ but all will pay the price.
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Given the date that Ian made landfall, with insurer Q3 2022 financial statements as of 9/30 due 11/15, best estimates for FL focused carriers are likely to be catastrophe modeling estimates from vendors. These should provide some measure, not definitive, of whether carrier gross losses are within their reinsurance tower. If Demotech and KCC are correct about excessive litigation, the current estimates for Ian can be on the low side. If so, a few will win big $ but all will pay the price.