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With the average premium around $6,000, some Floridians are foregoing homeowners insurance in favor of self-insurance with their investments.

In 2023, no other asset class produced a better-performing bet for hedge funds than cat bonds.

FEMA has updated its policy in order to fill the home insurance gap and aid disaster victims faster.

In 2023, cat bond issuance reached an all-time high of $16.4 billion, according to Artemis.

The committee asked whether Citizens has contemplated requesting a federal bailout in the event of being unable to cover its claims.

The My Safe Florida Home program includes matching grants up to $10,000 to help pay for such things as reinforcing roof-to-wall connections, upgrading roof coverings and upgrading doors and windows, according to the program's website.

More than 8% of Louisianans were displaced by a natural disaster last year, compared to a nationwide average of 1.6%.

Reinsurance, which is essentially insurance for insurers, helps drive the catastrophe-prone Florida insurance system.