Lawmakers Urged To Beef Up Hurricane Catastrophe FundFlorida 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.
Fla. Hurricane Fund Has $3.2 Billion ShortfallThere'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.
Florida's Hurricane Fund May Run Short If Disaster StrikesIf Florida were to experience a major hurricane, the state may not have the funds to pay off all the claims.

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