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Fla. Official Proposes CAT Fund Reform, Reinsurers Respond Positively

Southeast News • October 10, 2007
Florida Chief Financial Officer Alex Sink presented a proposal that would give the state the ability to set both the reinsurance levels and pricing of the Cat Fund's optional coverages, giving ...

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Subject: Reinsurers Response

Posted On: October 10, 2007, 2:16 pm CDT
Posted By: Bob
Comment:
Of course the RAA is happy. No cat Fund competition...free hand on rates...higher reinsurance premiums...more commissions for the reinsurance brokers that dominate the RAA. By the way HO rates will have to go up...good bye to the presumed factor filings.
Subject Posted By Posted On
Reinsurers Response Bob
Oct 10, 2007, 2:16 pm
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