Floridians make early reinsurance progress with hopes of top-layer savings
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Floridians make early reinsurance progress with hopes of top-layer savings

Rates are still materially higher than pre-pandemic and lower layers are holding firmer.

By Farhin Lilywala
May 09, 2024
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Floridian carriers are seeing a much more favorable reinsurance renewal for the 2024-25 cycle as supply overtakes demand, with June 1 renewal rates flat to down 5% overall, according to industry sources.

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Topics

NewsFloridaTreaty Reinsurance
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