Shock waves from the collapse of the Champlain Towers South condominium in Surfside, Florida, could spur nationwide increases in insurance-related costs for aging, multi-family residential buildings. As investigators try to determine what caused the June 24 disaster that killed 98 people, the U.S. insurance industry is weighing stricter underwriting requirements, including additional structural inspections and… Continue reading Surfside Collapse Could Spur National Rise in Insurance-Related Costs for Multi-Family Buildings
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