Ian provides Florida the opportunity to get it right - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Property and Casualty News
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Property and Casualty News RSS Get our newsletter
Order Prints
October 31, 2022 Property and Casualty News
Share
Share
Post
Email

Ian provides Florida the opportunity to get it right

Herald-Tribune, The (Sarasota, FL)

If Florida defaults to its 20th-century model of real

estate boosterism, corruption,

a disregard for nature, and hodgepodge development plans

– or no planning at all – we will become a much less desirable place to live or move to. Each week the estimated cost of all

the damages due to Hurricane

Ian increases. When all is said

and done, the total might approach $100 billion.

As we again thank whatever force or grace that again pushed the center of a hurricane away from north Sarasota County and Manatee County – as the pictures from southern Sarasota, Lee and Collier counties are horrific – many of us marvel at how we are surrounded by debris and not mass destruction.

In the aftermath of Hurricane Ian, the eyes of the nation turned to our section of Florida. I have noticed a lot of stories – locally and nationally – about the amount of damage, how much will be covered by insurance, what new building codes might be needed, and whether Floridians will continue to make the same mistakes that were illustrated by Ian's impact. Florida has a tawdry history of real estate booms and busts, selling swampland, cutting corners in construction and, this century, turning a blind eye to the climate crisis that is now our reality.

Government officials from Lee County announced the day after Ian passed through that the entire infrastructure of the county would need to be rebuilt. This is an opportunity, a chance to get it right this time. Those in charge could create a 21st-century infrastructure that is respectful of what the storm's destruction taught us, with a more wind-resistant local power grid, more protection from storm surges and better building codes

If Florida defaults to its 20th-century model of real estate boosterism, corruption, a disregard for nature, and hodgepodge development plans – or no planning at all – we will become a much less desirable place to live or move to.

Each week the estimated cost of all the damages due to Hurricane Ian increases. When all is said and done, the total might approach $100 billion.

If that is the case, it is a perfect opportunity to show ourselves, the country and the world that we have learned the hurricane-climate lesson and are moving forward with better ideas and plans.

One big question for Florida to consider is whether the state simply becomes a place where only the super-wealthy can afford to live.

The Sarasota-Manatee area had one of the greatest percentage increases in the country in both home values and rents over the past two years. The average price of a home has gone up faster since 2020 than at almost any other time in the state's history. What happens to the value of that real estate if insurance coverage becomes either exorbitant or unavailable?

How we respond to this opportunity to create a better vision of the future in the next two years will help determine the viability of Sarasota, Manatee and the state of Florida.

NOTE TO READERS: In this space at the Herald-Tribune I write future-focused columns through a local filter. I have just launched a newsletter that covers many topics not covered here. You can sign up at Evolutionshift.substack.com.

Sarasota resident David Houle is a globally recognized futurist. He has given speeches on six continents, written 13 books and is futurist in residence at Ringling College of Art and Design. His websites are davidhoule.com and the2020sdecade.com. Email him at [email protected].

If Florida defaults to its 20th-century model of real

estate boosterism, corruption,

a disregard for nature, and hodgepodge development plans

– or no planning at all – we will become a much less desirable place to live or move to. Each week the estimated cost of all

the damages due to Hurricane

Ian increases. When all is said

and done, the total might approach $100 billion.

The Futurist

David Houle

Guest columnist

Older

Louisiana has struggled to get electric grid aid. See why that could soon change.

Newer

Can new housing withstand future storms?

Advisor News

  • Amid slew of corporate tax ideas, Newsom chose one likely to hit people’s premiums
  • The biggest risk to your clients’ financial plans isn’t market volatility
  • Initiative looks at how caregiving impacts workplace benefits
  • Will rising retirement needs spark an annuity boom?
  • Living longer, retiring poorer: Why fragmented systems are failing Americans
More Advisor News

Annuity News

  • Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
  • Fortitude Re Completes $500 Million FABN Issuance
  • Reframing retirement income for greater certainty
  • Jackson Introduces Dow Jones Industrial Average Index Option, Flexible Premiums, Six-Year Rate Guarantee in Latest Registered Index-Linked Annuity Launch
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
More Annuity News

Health/Employee Benefits News

  • Brain In-Com brings week of TBI advocacy
  • Investigators at Chongqing Medical University Zero in on Science (The impact of China’s employee basic medical insurance outpatient pooling scheme on outpatient healthcare utilization among middle-aged adults): Science
  • New Findings on Managed Care Discussed by Researchers at UMass Chan Medical School (Medically tailored meals receipt and healthcare utilization and costs in Massachusetts’ Medicaid demonstration): Managed Care
  • Health Care Notes: Clover star rating raised after court-ordered recalculation
  • NORTH CAROLINA WOMAN CHARGED WITH CONSPIRACY TO COMMIT IMMIGRATION FRAUD, VA DISABILITY FRAUD
More Health/Employee Benefits News

Life Insurance News

  • AM Best Affirms Issue Credit Ratings of Weston2038 LLC’s Credit-Linked Notes
  • Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
  • Greg Lindberg moves to halt $1.65B restitution order, claims he ‘overpaid’
  • Fidelity Investments® to Expand Target Date Lineup With Launch of Guaranteed Income Solution
  • KBRA Releases Research – Private Credit: Much Ado About Nothing – Perspectives on Columbia Business School Paper About Private Ratings
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Maximize Your FIA Case Results
Learn a repeatable process to review, reposition, and present FIA opportunities with confidence.

Aim higher during Annuity Awareness Month
Raise the bar with our diverse portfolio of Ascend annuities, backed by superior financial strength

You Could Be Losing Up to 20% of Your Commissions
GreenWave helps you find, fix, and prevent commission errors.

True Independence Means Having Choices
Cambridge offers flexibility, stability, proven tools—no private equity strings attached.

Life moves fast. Your BGA should, too.
Stay ahead with Modern Life's AI-powered tech and expert support.

Looking for stronger rates, amplified growth & real results?
Sentinel's Accumulation Protector Plus℠ Annuity is for clients wanting more from retirement planning

Press Releases

  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
  • JP Insurance Group Launches Commercial Property & Casualty Division; Appoints Joe Webster as Managing Director
  • Sequent Planning Recognized on USA TODAY’s Best Financial Advisory Firms 2026 List
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet