Podcast: Beth Vecchioli Breaks Down Hurricane Ian’s Effect on Insurance Markets

In the 14th episode of our "Florida Capital Conversations" podcast series, Senior Policy Advisor Beth Vecchioli joins to discuss Hurricane Ian's effect on the property and casualty insurance market. During this conversation, Ms. Vecchioli outlines the expected total cost of Hurricane Ian and how it will specifically impact the Florida property insurance market, which is currently in a state of crisis. She explains the significant expansion of Citizens Property Insurance in recent years and how its position in the market will serve Floridians adversely affected by the storm. The group also highlights resources that are available to those impacted by Hurricane Ian, including newly established insurance villages. These villages, scattered across southwest Florida, are portable offices where folks affected by the storm can file their claims punctually and in person. They conclude their conversation by discussing whether insurance rates will rise following the storm and whether the Florida Legislature will hold a special session to address issues stemming from Hurricane Ian.

This Tallahassee-based podcast series takes a look at the many different aspects of state and local government through the lens of experienced legal professionals. Hosted by attorneys Nate Adams and Mia McKown, these candid conversations offer a seat at the table to everyone who listens.