Sarasota News Leader
February 15, 2013
At the Wednesday, Feb. 13, meeting of the
city���s Historic Preservation Board, a small
ray of light appeared to penetrate this dark
circumstance. ���It���s a void in the industry,���
said David McMahon with Atlas Insurance.
���Not just in Florida but in the United States.
There���s a dire need for it.���
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For the past year, Atlas has been carving out
a niche insuring historic structures. ���The elephant in the room is, insurance is expensive for many historic properties, and it is
inadequate,��� said McMahon. ���The painful fact
is many insurance companies will offer minimal and inappropriate protection at best.
And it is very expensive.���
The Sarasota Opera House is insured through a program that covers historic structures. Photo by
Norman Schimmel`
