Revamp is sought for Fla. catastrophe fund

03/18/2013 | Sun-Sentinel (Fort Lauderdale, Fla.)

State legislators who represent South Florida are maintaining their effort to reduce the state's Hurricane Catastrophe Fund, according to this article. Critics say that such changes could cause homeowners insurance rates to rise in storm-prone areas. Measures in the state House and Senate aim to make cutbacks to the fund, while another concept involves lengthier bonding requirements intended to lower premiums.

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Sun-Sentinel (Fort Lauderdale, Fla.)

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