Insight and Intelligence on the London & International Insurance Markets

4 February 2012

Florida writers set for windfall at last

4 February 2009

The winds of change could at last be blowing through Florida in favour of the private reinsurance market, as the size of the hole in the state catastrophe fund finances continues to grow.

While writers of cat reinsurance in the state may be part of a solution that will see the Florida Hurricane Catastrophe Fund (FHCF) buy additional protection for the 2009 hurricane season, political posturing also points to a reduction in the fund's size - a move that should...

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