Devastation from Hurricane Ian Exposes Insurance Shortcomings, Threatening Recovery Efforts
Hurricane Ian has wreaked havoc across Florida, leaving communities grappling with severe damage and a long road to recovery. For many residents, the process could stretch on for years, particularly if they lack flood or property insurance to cover the costs. Even before the hurricane, Florida’s insurance market was known for its volatility, and experts warn that the situation may worsen in the aftermath of the storm. Mark Friedlander from the Insurance Information Institute highlighted that the state’s insurance system was already unstable, and Hurricane Ian could exacerbate these issues, making it harder for residents to recover.
