Florida homeowners insurance market draws concern after building collapse

Florida homeowners insurance - homes in Florida on coastline

Increasingly destructive hurricane seasons were already worrying insurers about the state’s coastlines. The Surfside collapse has killed at least 97 people as of the writing of this article and is now causing greater concerns over the Florida homeowners insurance market. The coastal community has already been facing rising pressure from climate change. Economists are now taking another look at the concerns growing in the Florida homeowners insurance market. They are now looking to parts of the United States that are reaching the point that they are too risky to insure…

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