Thirty years after Hurricane Andrew’s landfall in Florida, one of the nation’s costliest and most consequential natural disasters in history, the American Property Casualty Insurance Association (APCIA), the Reinsurance Association of America (RAA), the Association of Bermuda Insurers and Reinsurers (ABIR), and Robert Hartwig, PhD, CPCU published a joint paper, “It’s Not Just the Weather:… Continue reading Beyond Severe Weather: Man-Made Crises Roiling P&C Insurance Market
Tag: Hurricane Andrew
Hurricane Andrew Unleashed Its Fury 30 Years Ago
Andrew had the ferocity of a tornado but was nearly twice the size of Delaware. It clawed roofs off houses, ground neighborhoods to sticks, split palm trees with plywood, and threw boats into Biscayne Bay, but only 15 people were killed in the initial mauling. The storm passed through South Florida in less than four… Continue reading Hurricane Andrew Unleashed Its Fury 30 Years Ago