Hurricane Ian homeowners Insurance losses to impact rates in La.
Hurricane Ian made its destructive landfall in
"Hurricane Ian will create further distress for the
That's a sentiment shared throughout the industry.
"Losses from Hurricane Ian will significantly impact rates in
Earlier this week Louisiana Insurance Commissioner
"This is at least as bad as it was after Katrina and Rita," Albright said, referencing two historic
And Hurricane Ian will make it even worse, said
Hurricane Ian, another Category 4 storm, will exacerbate the crisis.
Early estimates from catastrophe modeler RME project Ian insurance claims between
"Three Category 4 hurricanes making landfall in the
"When insurance companies pay more claims they have to charge more or make a choice to leave the market."
Albright said while hurricanes accelerated
"If we don't improve our legal and regulatory climate we are not going to attract the kind of insurers we need in
Ian uninsured flood losses could top $10 billion
Hurricane Ian worsens Florida's unstable property insurance market
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