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Posts Tagged ‘Startups

Florida Insurance Commissioner Kevin McCarty tried to lobby members of Congress last week for a federal line of credit to help cover an $18.5 billion shortfall in the state’s Hurricane Catastrophe Fund, a gap that could pose problems for some of the state’s recent insurance startups.

Indeed, “the potential inability” of the Florida Hurricane Catastrophe Fund to honor claims might adversely affect the Financial Stability Rating Read the rest of this entry »