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Floridians will face significant insurance surcharges some day to help generate funds needed by the Florida Hurricane Catastrophe Fund (Cat Fund), Citizens Property Insurance Corporation, and private

Fearful that a giant storm or a series of hurricanes could cripple the Florida Hurricane Catastrophe Fund (Cat Fund) this year and lead to huge assessments, the trustees of the fund in July made an

The RAA says the site provides information about how to best pay for natural catastrophe losses. "NatCatUS.org is dedicated to debunking myths about catastrophes and charting a proactive course based

The additional bonds will raise $625 million for the fund, according to Dennis MacKee, a spokesman for the Florida State Board of Administration that oversees the Catastrophe Fund. "We hope to issue t

The Obama campaign criticized Sen. John McCain, R-Ariz., for his opposition and sought to tie him to President Bush as the presumptive Republican nominee traveled to Orlando to speak at a meeting of n

"I think that we need a national catastrophe fund," Sen. Obama said in an interview with the Palm Beach Post. "The key is to make sure that it's run efficiently, that it's adequately funded, and that

Members of the National Conference of Insurance Legislators were unable to bring a resolution supporting a natural catastrophe backstop system to a vote last week but will continue to debate the

Chief Financial Officer Alex Sink is on a mission to point out that the state's current reliance on the Florida Hurricane Catastrophe Fund borders on the unrealistic and it's time to start reining in