06/24/2022
"Using data from the Florida Office of Insurance Regulation (OIR), 3D Supra reported that $51 billion was paid out by Florida insurers over a 10-year period. Of the $51 billion, 71% went to attorney’s fees and public adjusters. The 2020 and 2021 cumulative net underwriting losses for insurers operating in the state totaled over $1 billion each year."
New report unveils sources of "manmade catastrophe"