TALLAHASSEE — A state program that provides critical backup coverage for property insurers could pay out an estimated $4.6 billion because of claims from hurricanes Milton and Helene, officials said Wednesday. If that preliminary estimate holds, the Florida Hurricane Catastrophe Fund would have adequate cash to cover its share of losses, leaders and a financial adviser told members of the Florida Hurricane Catastrophe Fund Advisory Council.

Topics:  council   widely   the cat    initial   chris spencer   state board   administration   related articles   fort lauderdale   suspicious   republicans   palm beach   croquetas   hialeah   texas   florida s   teen trump   harris   oct   category   sept   mexico   property   gina wilson   august    bonds    had   tallahassee   tallahassee    a   helene   florida hurricane catastrophe   fund   hurricane    cat   cat   florida   hurricane    milton   the   florida news   county   sarasota   taylor    wilson   wilson   tampa bay   damage   billion   landfall   insurers   losses   hit   estimate   cash   pay   program   storm   cover   flood   includes   direct   coverage   preliminary   pre-event   estimated   officials   early   debby   post-event   area   voting   
BING NEWS:
  • Florida Hurricane Catastrophe Fund could pay out $4.6 billion
    "Initial estimates for Hurricane Helene and Hurricane Milton as it relates to the Cat Fund are at $4.6 billion, which the Cat Fund can cover with its current available cash," said Chris Spencer, ...
    10/30/2024 - 10:52 am | View Link
  • Florida’s ‘cat fund’ to cover hurricane property damage could face $4.6 billion tab
    A state program that provides critical backup coverage for property insurers could pay out an estimated $4.6 billion because of claims from hurricanes Milton and Helene, officials said Wednesday.
    10/30/2024 - 10:24 am | View Link
  • Helene and Milton Damage Is Just the Start of the Climate Tab
    Mark Gongloff is a Bloomberg Opinion editor and columnist covering climate change. He previously worked for Fortune.com, the Huffington Post and the Wall Street Journal.
    10/28/2024 - 12:29 am | View Link
  • Damage Estimates for Helene and Milton Pass $100 Billion
    Monstrous hurricanes Helene and Milton caused so much complex havoc that damages are still being added up, but government and private experts say they will likely join the infamous ranks of Katrina, ...
    10/17/2024 - 3:45 am | View Link
  • Feds have approved nearly $2 billion to help states hit by hurricanes Helene and Milton
    The federal government has approved nearly $2 billion in assistance across six states to help people hit hard by hurricanes Helene and Milton, the White House said Wednesday.
    10/16/2024 - 10:53 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More U.s. News