Florida Cat Fund Archives - Carrier Management

Florida’s Hurricane Cat Bonds Enjoy Robust Boom

In 2008, Florida's government-run property insurer paid Warren Buffett $224 million to agree to buy its debt if a major storm struck. Six hurricane-free years later, the state is turning investors ...

Florida Cat Fund Has $13B as Hurricane Season Starts

Florida is entering a new hurricane season with continued good news. The state-created fund that backs up private insurers in Florida has billions in the bank and appears capable of withstanding a ...

Florida Catastrophe Fund Stronger As Storm Season Nears

Florida is heading into a new storm season with some good news for once. The state-created fund that backs up private insurers in Florida is in the best financial shape it has been in years — maybe ...