Despite four hurricanes in just over a year and significant payouts by the Florida Cat Fund, three special tax bonds have seen their ratings upgraded, the state’s insurance commissioner announced Monday. “These recent upgrades continue to show that Florida’s insurance …
Investors in catastrophe bonds are girding themselves for substantial losses as the combined destructive force of Hurricanes Helene and Milton looks set to trigger payment clauses on a scale not seen in years. Two weeks after Helene unleashed severe floods …
SageSure, a managing general agent specializing in catastrophe-exposed markets in the Southeast and other states, along with its affiliated Anchor Re captive reinsurer and SURE reciprocal, announced they have secured a $60 million catastrophe bond, three months after SageSure closed …
