Petrelli: 20-25 Florida insurers risk falling short on reinsurance
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
Insurance Insider US is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Petrelli: 20-25 Florida insurers risk falling short on reinsurance

Gated community houses with palms, South Florida

Last-minute tabling of Florida market reforms has added a “stressful” edge to renewal negotiations as up to 25 carriers could fail to place programs before their coverage expires, Demotech president Joe Petrelli said.

Petrelli was aware of 20 to 25 companies that may be unable to place their programs fully, which he estimated amounted to 15%-20% of the Florida home-owners market by gross written premium.

Only

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article