Florida Cat Fund Has $17B For Hurricane Season Thanks To Storm Hiatus
The Florida Hurricane Catastrophe Fund should have $17 billion available for this Atlantic hurricane season thanks to a lack of hurricanes hitting the state in the past 10 years, reports the Florida Times-Union. “The money is there and it's in our pocket,” Jack Nicholson, CEO of the Cat Fund, told the Florida Times-Union. Frank Artiles, a Miami Republican and…
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