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Business Observer: Insurance CEO: Floridians ‘need to stop building in areas prone to flooding’

By October 15, 2024No Comments

In the past several weeks, the west Coast of Florida has been hit, once directly and once indirectly, by hurricanes that have left hundreds dead, hundreds of thousands homeless and billion in damages.

Oscar Seikaly, CEO of Miami’s NSI Insurance Group, says dueling hurricanes could test and change Florida’s insurance market.

Read the full article here.