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Joe Petrelli on Rating Insurance Companies in Florida

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Manage episode 344951701 series 2286513
Content provided by David Wright. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by David Wright or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Joe Petrelli founded Demotech, the rating agency that dominates the solvency assessment market for Florida's homeowners insurance market. This year (2022) he has found himself the bearer of bad news: that many of Florida's domestic insurance companies have not met Demotech's standards. At least six insurance companies went insolvent this year with others being downgraded, which meant that many thousands of Florida residents have to scramble to get their insurance replaced.
I should note that all of this happened before Hurricane Ian, the costliest hurricane to make landfall in Florida's long history of landfalling hurricanes. What's going on in Florida? Joe is here to talk about it!
youtube: https://youtu.be/Cd9JpHsjDr8
show notes: https://notunreasonable.com/?p=7636
More on Florida:
Gary Mormino on Social History of Florida: https://www.buzzsprout.com/126848/episodes/11848870
Dave DeMott's Stories About Florida Insurance: https://www.buzzsprout.com/126848/episodes/11840226
Mark Friedlander on Problems with Insurance in Florida: https://www.buzzsprout.com/126848/episodes/11582094
Twitter: @davecwright
Surprise, It's Insurance mailing list
Linkedin
Social Science of Insurance Essays

  continue reading

94 episodes

Artwork
iconShare
 
Manage episode 344951701 series 2286513
Content provided by David Wright. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by David Wright or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Joe Petrelli founded Demotech, the rating agency that dominates the solvency assessment market for Florida's homeowners insurance market. This year (2022) he has found himself the bearer of bad news: that many of Florida's domestic insurance companies have not met Demotech's standards. At least six insurance companies went insolvent this year with others being downgraded, which meant that many thousands of Florida residents have to scramble to get their insurance replaced.
I should note that all of this happened before Hurricane Ian, the costliest hurricane to make landfall in Florida's long history of landfalling hurricanes. What's going on in Florida? Joe is here to talk about it!
youtube: https://youtu.be/Cd9JpHsjDr8
show notes: https://notunreasonable.com/?p=7636
More on Florida:
Gary Mormino on Social History of Florida: https://www.buzzsprout.com/126848/episodes/11848870
Dave DeMott's Stories About Florida Insurance: https://www.buzzsprout.com/126848/episodes/11840226
Mark Friedlander on Problems with Insurance in Florida: https://www.buzzsprout.com/126848/episodes/11582094
Twitter: @davecwright
Surprise, It's Insurance mailing list
Linkedin
Social Science of Insurance Essays

  continue reading

94 episodes

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