At Tower Hill Insurance, we don’t take increases in homeowners insurance rates lightly, and we know you don’t either. In reality, however, rate increases are necessary to maintain a company’s ability to pay out claims in even the worst catastrophes. What many consumers don’t realize is that premiums are affected by complex dynamics not only locally here in Florida, but globally as well. Our Chief Underwriting Officer, Joel Curran, explains the hows and whys.