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Miami’s Insurance Policy Problems
by Alanah McGinley on 05/30/08 at 05:37 PM ET
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From Dan Christensen at the Miami Herald,
If a hurricane destroys the BankAtlantic Center, home of hockey’s Florida Panthers, Broward taxpayers will be on the hook for any damage over $150 million because the arena is underinsured.
The estimated cost to rebuild: upward of $300 million.
Apparently no one else in Florida is big on hurricane preparedness this year, either. (Good luck with that, Miami.)
Filed in: NHL Teams, Florida Panthers | KK Hockey | Permalink
Tags: bank+atlantic+center,
