FPCA Editorial: Florida Office of Insurance Regulation (OIR) Stress Test Data
The Florida Office of Insurance Regulation (OIR) recently announced the results of its third year of catastrophe stress tests, which included all of the state’s 112 insurance companies, including 67 Florida-based insurers. Here’s the good news: The results showed that the Florida property insurance market can withstand significant catastrophic losses. All 112 companies that participated [...]