UPDATE: Hurricane Ian Turning Toward Tampa Area and $258B in Replacement Value

Published September 27, 2022 • Insurance Journal

Florida property insurance experts have long warned that a powerful hurricane strike on a major metropolitan area could result in catastrophic losses and the insolvency of more carriers. Those warnings could become reality by the end of the week if, as is now predicted, Hurricane Ian comes ashore as a Category 4 storm in the Tampa area, the first direct hit on the metropolis in more than a century.