Hurricane Catastrophe Fund

A state program that provides critical backup coverage for property insurers could pay an estimated $4.6 billion because of 2024 hurricane claims, mainly from Milton.

The state trust fund subsidizes reinsurance for property insurers in the private sector

Florida’s catastrophe fund will suffer minimal losses due to Hurricane Matthew, state officials announced Tuesday. With $17 billion in reserve, the “cat…

With hurricane season on the horizon, state officials say they’re ready to weather the storms. Florida has been dodging bullets for over ten years. Though…

The Florida Senate has delayed a vote on a controversial overhaul of the state-run Citizens Property Insurance Corporation.The proposal outlines higher…

Two bills – one predicting storm damage and another dealing with storm insurance – passed through the House Government Operations Appropriations…

When it comes to insurance, Florida has had more than its share of trouble. Some insurance programs are struggling with fraud. Others are facing…