Hurricane Idalia: The best worst-case scenario for Florida’s insurance market

Farhin Lilywala,

Kyoung-son Song

30 August 2023

Idalia 29 aug 23 1446.jpg

With Hurricane Idalia’s landfall underway loss estimates are uncertain, but sources noted that the storm’s trajectory shows it taking the best path to impact minimal insured values in Florida.

“If we had to pick a place for a storm to come ashore, it’s in the right place,” one source said.

But

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Farhin Lilywala

Associate Editor, Insurance Insider US

Kyoung-son Song

Senior Reporter