You are currently viewing Deadly windstorm transformed market

Deadly windstorm transformed market

When Hurricane Andrew ripped through southern Florida in 1992, tearing up buildings and killing more than two dozen people, few had witnessed such a destructive natural catastrophe in the United States.

In the 30 years since, the U.S. has endured multiple storms that caused more damage than Andrew, but it was the earlier storm that put insurers and businesses on notice about the potential for such large losses and transformed property underwriting and risk management.


Read the full article here: