How Climate Risk Is Rewriting Commercial Property Insurance

Lucas and Luna dive into the growing crisis in commercial real estate insurance. With premiums on coastal office towers up 40% year-over-year and insurers exiting high-risk markets like Florida and California, property owners are scrambling. They examine a specific case: a Miami high-rise that saw its insurance costs jump from $2.1 million to $3.4 million annually, and how the landlord is responding with self-insurance and risk-retention groups. The hosts also unpack the rise of parametric insurance and what it means for property valuations. A must-listen for anyone invested in commercial real estate. #ClimateRisk #CommercialRealEstate #PropertyInsurance #InsuranceCrisis #ParametricInsurance #RiskRetentionGroup #SelfInsurance #MiamiRealEstate #FloridaInsurance #CaliforniaWildfire #CoastalRealEstate #RealEstateValuation #BusinessPodcast #FexingoBusiness #RealEstateTrends #InsurancePremiums #CapitalMarkets #ClimateAdaptation Keep every episode free: buymeacoffee.com/fexingo