KBRA Says Florida Insurers Will Weather the Storms; Cat Fund Can Handle Payouts
Insurance Journal - Nov 01, 2024
Florida’s Hurricane Catastrophe Fund, a state-created layer of reinsurance, expects to pay out about $4.6 billion to help cover insurers’ losses in Hurricanes Helene and Milton. But that won’t trigger a surcharge on premiums. And a number of Florida property …...
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