Florida Hurricane Catastrophe Fund
1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Oct 11, 2024 by David Friedberg · said 2 times in 1 episodes since 2024 · across every show →
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Oct 11, 2024
Friedberg: Florida Hurricane Catastrophe Fund issues debt to incentivize private insurers
“Florida has a state-backed reinsurance provider called the Florida Hurricane Catastrophe Fund. And this fund issues debt to meet its coverage demands because it reinsures insurance companies in order to incentivize them to come into the state and underwrite.”