NU Online News Service, Jan. 27, 3:20 p.m. EST
Since the windstorm mitigation discounts were implemented for Florida homeowners, the residential property insurance market's financial performance has worsened, according to a state study group.
Florida's Commission on Hurricane Loss Projection Methodology's Windstorm Mitigation Committee said in a draft report that this result "is particularly disconcerting given that the market has experienced no hurricane losses in the past four hurricane seasons."
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more information visit Asset & Logo Licensing.
