Editorial: Florida right to ‘freeze’ insurance
The Property Casualty Insurers Association of America estimates insurance losses from Hurricane Michael will range from $2 billion to $4.5 billion. The huge disparity between the high and low number simply reinforces the scope of loss and the breadth and depth of the damage.
The destruction of Michael is so widespread, we can’t yet estimate the losses, let alone cope with them or begin an organized effort to fix them. That could take years.