R.J. Lehmann on the Florida Insurance Market

Heatmap – ICLE Editor-in-Chief R.J. Lehmann was quoted by Heatmap in a story about ongoing dislocations in the Florida property insurance market. You can read full piece here.

Farmers “looked at their book and determined they needed to reduce their catastrophe exposure. Most national carriers made that decision a long time ago,” RJ Lehmann, editor-in-chief and senior fellow at the International Center for Law and Economics, told me.

…“We’re getting to a place where the availability problem will get better,” Lehmann said. “The affordability problem? We live on a low-lying peninsula with some of the most hurricane prone waters in the world.”