Best estimate for FHCF pay out for Milton & Helene pegged at $4.6bn

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Reinsurance News - Nov 01, 2024

The Florida Hurricane Catastrophe Fund (FHCF), a tax-exempt trust fund created by the State in 1993 to provide coverage for property insurers, could pay out an estimated $4.6 billion due to claims from Hurricanes Milton and Helene, according to its independent actuary, Paragon Strategic Solutions In...

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