Hurricane Ian could be ‘one of the most severe loss events in U.S. history’: Insurance expert

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#HurricaneIan #Ian #yahoofinance
Insurance Information Institute Director Mark Friedlander joins Yahoo Finance Live to discuss the fraud and over-litigation in Florida's insurance markets, the losses expected from Hurricane Ian, and insurance reform legislation.
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3D printers can build hurricane proof, fireproof, and flood proof homes for less than than the cost to build traditional homes. Plus they can doing it using local dirt/sand so it is leaving a low carbon imprint. Build enough of them and the cost keeps coming down, which means more affordable housing and less need for insurance. I don't know why the 3D printer business isn't booming?

brucebosshardt
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The insurance property crisis should have been a top priority for the Governor of Florida. Following the money, I bet a lot of lawyers are donating to Desantis's political campaign.

MichaelJ
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Only ten more years till the water runs out. Let the chaos begin!

theguildedcage
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Really? I’ve seen cat 3’s that were much worse. Never saw winds at ground level even get to hurricane strength sustained….. must be another money exchange by the money lenders…

MyMysaysFU
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Wow - who would have thought that climate change would be so serious? (Hint: Every climate scientist of the 21st century).

scasey
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The insurance company is going to need insurance

BlondeIsAnInvestment