“We need to get our arms around global warming and the cost of that on the insurance market. We haven’t been able to predict it very well. Every year, we just increase rates,” Oscar Seikaly, CEO of NSI Insurance Group.
December 26, 2023 at 04:28 PM
4 minute read
Florida Bureau Chief
Florida’s property insurance landscape for commercial real estate is experiencing one of the most difficult periods in its history.
That’s according to Oscar Seikaly, CEO of NSI Insurance Group, who says there’s not enough capacity to absorb all of the business that needs to be insured.
Phila. Jury Hands Up $6.1M Verdict to Crushed Worker Despite Plaintiff's 'Nuclear' Settlement Demand
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