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

Meta Trial in New Mexico Highlights Video Depositions by Top Executives

Posted: Mar 05, 2026

Prosecutors began presenting never-before-seen video depositions of Meta executives at a trial in Ne...

Severe Storms in Kansas Lead to $879 Million in Insurance Claims in 2025

Posted: Mar 05, 2026

Severe storms in Kansas caused $879 million in insurance claims in 2025, the state insurance departm...

People Moves: Macumber Joins Highstreet Insurance Partners as Chief Growth Officer

Posted: Mar 05, 2026

Highstreet Insurance Partners announced that Todd Macumber has joined the organization as chief grow...