"Nothing is going to change because nobody is entering the market. No insurance markets are knocking on the door saying, 'We're open for business in Florida.' Nobody is doing that. Why? Because most insurance companies are at their maximum limit of insurance in Florida," Oscar Seikaly, CEO of NSI Insurance Group said. Credit: Fotoluminate LLC/Adobe Stock
Florida's property insurance landscape for commercial real estate is experiencing one of the most difficult periods in its history.
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Melea VanOstrand
Melea VanOstrand oversees the Daily Business Review as ALM's Florida Bureau Chief. Email Melea at [email protected] or follow her on her Twitter or Facebook pages.
