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Jack Nicholson

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

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