Florida tort reform welcomed but Cat Fund extension falls short of hopes
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Florida tort reform welcomed but Cat Fund extension falls short of hopes

Florida State Capitol in Tallahassee

Insurers have welcomed meaningful insurance tort reform proposed by Florida legislators but warned that the limited state reinsurance extensions on offer will not be enough to stop more carriers from failing.

With just over a week before the 1 June start of hurricane season, much now rests on whether reinsurers bring more capacity to the table to fill out programs – and whether the legislators move to enact the substantive...

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