Hurricane Would Blow Through 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

Michigan Farm to Pay $33K to Settle River Pollution Case

Posted: Mar 02, 2026

Michigan Attorney General Dana Nessel has reached a settlement with Holloo Farms, a concentrated ani...

Zurich Insurance and Beazley Agree to US$10.9B Cash Acquisition

Posted: Mar 02, 2026

Zurich Insurance Group announced it has agreed with UK specialty insurer Beazley the terms of an all...

Business Moves: CRC Group Completes Buy of Euclid Transactional

Posted: Mar 02, 2026

Independent wholesale specialty insurance distributor CRC Group said it has completed its acquisitio...