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FL: Hurricane fund in deficit; future claims at issue

By   /   June 9, 2012  /   3 Comments

By Marianela Toledo | Florida Watchdog

MIAMI — The new storm season begins in Florida, and politicians and public officials are doing everything they can to try to conquer Mother Nature.

With the Florida Catastrophe Fund having a deficit, many are asking how the state-based property and hurricane insurance, offered through the Citizens Property Insurance Corp., will deal with future claims — and if a revision of the fund is in order.

Watch the Spanish-language interviews with Elianne Gonzalez of the Insurance Information Institute and hurricane expert Lixion Avilia

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