FHCF Turns Attention to Second Season Capacity
Radey, Florida Hurricane Catastrophe Fund, Travis Miller, FHCF, radeylaw, subsequent season, pre-event notes, capacity, Hurricane Irma, claims-paying, $17.0 billion, post-event notes
News & Updates
capacity
FHCF Provides Early Look at 2018 Capacity
The Florida Hurricane Catastrophe Fund continues to project that its single-season limit of $17 billion is available for reimbursements this year, some of which will be eroded by Hurricane Irma losses. According to current estimates, Irma reimbursements could range from $3 billion to $6 billion, with $5.1 billion being the current point estimate. As the 2017 […]
Storm Free Years Bolster FHCF
As with other aspects of the Florida residential property insurance market, the Florida Hurricane Catastrophe Fund (FHCF) continues to benefit from the recent run of hurricane-free years. Not only does the FHCF anticipate that it can fully meet is statutory limit of $17 billion in single-season capacity, most of the the FHCF’s current single-season capacity […]