Florida State Storm Fund Disclosures Spark Debate
April 14–Proponents say the time is right for Cabinet officials to approve a first-ever plan for theFlorida Hurricane Catastrophe Fund to buy private reinsurance, but opponents say it’s a better deal forBermuda financiers thanFlorida homeowners. Skeptics questioned terms disclosed less than 24 hours before a Cabinet meeting today they understand to show homeowners will pay$12.60…