Daily Archives: June 4, 2015

Florida Cat Fund Has $17 Billion for Atlantic Hurricane Season Thanks to Storm Hiatus

The Florida Hurricane Catastrophe Fund should have $17 billion available for this Atlantic hurricane season thanks to a lack of hurricanes hitting the state in the past 10 years, reports the Florida Times-Union. “The money is there and it’s in our pocket,” Jack Nicholson, CEO of the Cat Fund, told the Florida Times-Union. Twice a…

Consumers Put the Brakes on Auto Insurance Shopping

Following steady gains from 2009 to 2012, the auto insurance market has reached a plateau as consumers are curbing their insurance shopping, according to the new TransUnion Auto Insurance Shopping Index. “This tells us that despite the fact internet usage continues to rise, consumers are not fundamentally changing how they shop for auto insurance,” says Mark…