A.M. Best Company
11/15/2024 | Press release | Distributed by Public on 11/15/2024 07:33
Best's Review Covers Emergence of Reciprocal Insurers in Cat-Prone Florida
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NOVEMBER 15, 2024 08:20 AM (EST)
Best's Review Covers Emergence of Reciprocal Insurers in Cat-Prone Florida
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FOR IMMEDIATE RELEASE
OLDWICK - NOVEMBER 15, 2024 08:20 AM (EST)
In the November issue, Best's Review examines the recent proliferation of reciprocal insurance exchanges. At least 21 reciprocals launched between 2017 and 2024; nearly half are domiciled in Florida. What are the characteristics of reciprocal exchanges, and what are some of the reasons behind their formation? Find out the full story in "The Rise of Reciprocals: Insurance Exchanges Offer Unique Solution in Catastrophe-Prone Florida."
Best's Review is AM Best's monthly insurance magazine, covering emerging issues and trends and evaluating their impact on the marketplace. The complete content of Best's Review is available here. AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City.