CAT Fund

(Credit: Thinkstock)

Florida’s Insurance Fund Remains Strong

A Florida fund meant to help private insurers pay out claims after a hurricane remains strong.

10/14/2014

Hurricane Ivan in 2004.

State-Backed Insurer May Put Early End To Storm Tax

A 1 percent charge imposed on most homeowners’ policies to help the state-backed Citizens Property Insurance Corp. cover losses from the last of the 2005 hurricanes may come off the books two years early.

09/19/2014

(Photo by NOAA via Getty Images)

‘Hurricane Tax’ On Insurance Policies To End 18 Months Early

An extra charge on property-insurance and auto-insurance policies to cover claims paid for the 2004 and 2005 hurricane seasons will end Jan. 1.

07/22/2014

Ft. Lauderdale Beach Flooding

Insurance Fund Strong In FL As Hurricane Season Nears

The upcoming hurricane season is just weeks away, but Florida is entering the new storm season with positive news.

05/15/2014

(Photo by Joe Raedle/Getty Images)

Scott Continues Pushing Citizens Depopulation

Governor Rick Scott continued to make his push to depopulate Citizens Insurance Friday in front of a friendly crowd at the Florida Chamber of Commerce.

CBS Miami–11/30/2012

Citizens Insurance

Citizens Insurance Overhaul Bill Clears Senate Committee

Despite worries of a financial burden on Florida policyholders, the Senate Budget Committee on Saturday OK’d financial changes to Citizens Property Insurance Corp. and the Florida Hurricane Catastrophe Fund. The move is an effort to have them secured before one or more major storms hit Florida.

CBS4–03/03/2012

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