Daily Archives: April 16, 2015

Florida Cabinet approves buying $2.2 billion more in catastrophe insurance

TALLAHASSEE — Gov. Rick Scott and Cabinet members voted Tuesday to bolster the state’s catastrophic insurance fund with $2.2 billion of added coverage in advance of what forecasters predict will…

Reinsurance bad deal for Florida homeowners

On Tuesday, executives from the Florida Hurricane Catastrophe Fund recommended to the state Board of Administration, consisting of Gov. Rick Scott, Chief Financial Officer Jeff Atwater and Attorney General Pam…