Florida hurricane Catastrophe 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

Florida Money

Early End Forecast For ‘Hurricane Tax’

Collected to help pay claims from the 2004 and 2005 hurricane seasons, an extra charge on homeowners- and auto-insurance policies will be removed 18 months earlier than previously expected.

06/18/2014

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

Hurricane

Lawmakers Urged To Beef Up Hurricane Catastrophe Fund

Florida has dodged a bullet for the six years without a hurricane hitting the state. Now insurance industry experts have urged state lawmakers to beef up the Florida Hurricane Catastrophe Fund before a major storm or series of them hits.

CBS4–02/19/2012

Hurricane

Fla. Hurricane Fund Has $3.2 Billion Shortfall

There’s a storm brewing over the state of Florida’s hurricane fund which is confronting a potential $3.2 billion shortfall, financial experts said Tuesday in a new estimate of the money available to the pool intended to help insurers make disaster payments.

CBS4–10/18/2011

Hurricane

Florida’s Hurricane Fund May Run Short If Disaster Strikes

If Florida were to experience a major hurricane, the state may not have the funds to pay off all the claims.

CBS4–09/22/2011

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