Despite Helene's Record Size And Strength, Property Insurance Market May Weather The Storm

Hurricane Helene continued to punch across three states Friday as a weakened tropical storm after making landfall along Florida’s Big Bend region Thursday night.  Professionals across the commercial real estate and insurance industries woke up Friday morning to assess the devastation, which is expected to total billions of dollars. As of Friday evening, at least 25 people across the Southeast had been killed and millions were left without power and stranded amid historic rainfall and flooding. But in Florida, the country's most vulnerable property insurance market, industry insiders were cautiously exhaling, optimistic that the worst-case scenario for widespread destruction had been avoided.  “Early indications are that...