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Beyond the Buildings

Post-Ian Florida: Did the Insurance Market Sink or Swim? Inside Scoop from Industry Experts | Part Two | 2

19 Apr 2023

Description

In Part 2 of this episode, host Maiclaire Bolton-Smith continues the conversation with CoreLogic’s Senior Catastrophe Response Manager Jon Schneyer to explore the ongoing impact of Hurricane Ian on Florida’s insurance and reinsurance industries. In this installment, the two will talk about what the CoreLogic team actually saw when they went to southwestern Florida to observe the hurricane damage and how this helps improve models that can better secure the future of homeowners and insurers that increasingly face natural hazard events due to climate change.In This Episode: 0:57 – Does storm surge, wind or flood account for the majority of uninsured loss from Hurricane Ian?3:43 – How does damage from Hurricane Ian compare to other historic storms?4:55 – CoreLogic went on a reconnaissance mission to southwestern Florida to survey the damage.8:52 – How did the team’s observations feed into estimated loss valuation models?11:06 – What can we anticipate for the 2023 hurricane season?

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