As we have seen in recent years, many victims do not have flood insurance. For example, flooding in Louisiana in 2016 resulted in serious damage to nearly 50,000 homes, but less than a fifth of these homes were covered by flood insurance. A recent study of the top ten American cities vulnerable to storm surge found that six of those cities are in Florida. The Foundation will pursue educational programs to encourage more homeowners to insure themselves against flood risk, using public or private insurance products.
Kovens Conference Center at Florida International University
3000 NE 151st St, N. Miami, FL 33181
This annual gala event recognized and honored dynamic leaders whose contributions have made a meaningful impact on the lives of policyholders in Florida. It was attended by 120 leaders representing the Florida insurance industry, local government, the Florida legislature, and other key stakeholders.
FAIR engages with all affected stakeholders – policy makers, the industry and consumers – to make a difference on a variety of insurance reform issues.
Thomas J. Jerger, Chief Executive Officer and Chairman of the Board, American Traditions/Modern USA Insurance
Florida State Senator, Anitere Flores | Florida State Senator, Maria Lorts Sachs | Florida Representative, Holly Raschein
Jeff Atwater, Chief Financial Officer, Florida
THANK YOU TO OUR SPONSORS, PARTNERS, AND GUESTS.
Check out photos from the conference on Facebook
FAIR’s inaugural industry conference discussed the role that catastrophe reinsurance plays in markets heavily exposed to hurricane risk. A series of interactive discussion panels debated public policy options to create additional market stability and mitigate against future rate increases. Reinsurance companies, rating agencies, property and casualty insurance groups, legislators, regulators, market analysts and other industry stakeholders were invited to attend.