National Catastrophic Fund

National Catastrophic Fund

Fires, earthquakes and hurricanes are costing property insurance rate payers a bundle. And with the devastating fires in southern California, some say Congress should reexamine a national catastrophic fund. It’s an idea that’s been floating around for at least the past twenty years. We look at how feasible the idea is, whether it is picking up steam in Congress, and what it would mean for the cost of property insurance here in Florida.

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