8 Insurance Industry Impacts of Hurricane Andrew
6. Setting the Right Priorities
"The struggle of keeping Citizens [Insurance] actuarily sound, yet somehow affordable – another Hurricane Andrew legacy as private firms dropped windstorm coverage and fled the state -- continues. However, using the re-inspection program to raise revenue is counterproductive and only undermines the long-term goal of creating more wind-hardened properties, a must in the nation's most hurricane-prone state."
— Editorial, South Florida Sun-Sentinel
Source: South Florida Sun-Sentinel