Here we are, approaching yet another hurricane season even though it feels like the last one just left us. The news media is already talking about the type of season we can expect and what we should be doing now to prepare. I know many of you have revamped your hurricane catastrophe plans and will be implementing new-and-improved ways to assist your clients in the coming year.

The market has made some drastic changes in the last few weeks and I am sure by the time you read this, there will be many more. Many domestic carriers are raising their rates to what would have been incomprehensible numbers six months ago. However, today we are just happy to have capacity at any rate. There are many domestic carriers who now are limiting aggregates when they never have before, and in some cases, are already full for windstorm in the lower counties. Lloyds? Well, that is anyone's guess.

There are many syndicated companies who have pulled out completely from Florida, some who have put their rates up so high that you don't think you could ever sell them, and then others who really just cannot make up their minds. I feel that there will be aggregate to be had in Lloyds and we will be able to place property with wind with them, but the question is at what price, what deductibles, and will the consumer pay the price?