[ad_1] For the primary time in seven years, Florida’s property insurers turned a revenue. Don’t get too optimistic, although: you possibly can principally simply chalk their efficiency as much as getting fortunate throughout hurricane season. Insuring properties in Florida has change into a troublesome enterprise. The state’s inhabitants has continued to rise lately, at the same time as frequent and extra devastating hurricanes trigger billions in property damages: insurers’ underwriting losses price them $1.8 billion in 2022, and $1.52 billion in 2021. Final yr, although, was a shiny spot in what’s change into a regarding downward development, in line with…
