Hurricane watch 2023: Here comes the rain again
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Hurricane watch 2023: Here comes the rain again

Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala
June 01, 2023
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For those who remember the 1997-98 El Niño years and related headlines, the name might not bring the most positive memories; torrential rain, drought, natural disasters and viral outbreaks. For the Florida insurance marketplace however, El Niño is a slightly more welcome event which is tied to lower hurricane frequency.

The 2023 hurricane season begins today, June 1, and, after experiencing the second-highest insured loss to the Florida insurance industry last year with Hurricane Ian, and given the fragile state of the domestic market, this season could be pivotal.

Fortunately,...

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Topics

Research Personal lines Homeowners' insurance Stocks HCI Group Universal American Coastal Heritage Claims and losses
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Amit Kumar, Sunmoy Pati, Maria Lamberton, Husain Rupawala
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