Best's Review Covers Emergence of Reciprocal Insurers in Cat-Prone Florida

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.

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