Floridian insurers purchased more reinsurance in 2023 but cost of coverage rose 27%: OIR

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Reinsurance News - Jan 11, 2024

The Florida Office of Insurance Regulation (OIR) has reported a year-on-year rise in the amount of reinsurance coverage purchased by domestic Florida insurers in 2023, as the cost of protection rose for buyers amid the hardening market landscape. Based on findings from the ARDC for the 2023-2024 yea...

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