Hurricane Could Drain Florida Cat Fund’s Reserves. But That May Be OK, Report Says

Share!

Insurance Journal - Aug 01, 2024

A report from Moody’s Ratings service contends that one good hurricane this year could wipe out the Florida Cat Fund’s reserves, potentially forcing it to place a small surcharge on Florida insurance premiums to finance more debt. But that may …...

Read Full Article

Recommended Articles

Russia-Linked Hackers Hijack Routers to Steal Passwords, UK Says

Posted: Apr 08, 2026

Russian government-linked hackers are compromising popular internet routers to steal passwords for e...

Resuming Normal Shipping to Take 6-8 Weeks Once Middle East Stabilizes: Hapag-Lloyd

Posted: Apr 08, 2026

Hapag-Lloyd voiced cautious optimism on Wednesday on the prospect of resuming shipping through the S...

Markets/Coverages: Marsh Risk Enhances Cyber Facility With up to $200M of Capacity

Posted: Apr 08, 2026

Insurance broker Marsh Risk, the Marsh subsidiary, announced that its Cyber ECHO facility now provid...