Demotech to act on FL carriers by end of June as cat reviews continue

Demotech is continuing to assess Q1 financials and the catastrophe placements of Florida carriers following the eleventh-hour legislative special session and late-running reinsurance renewal, which saw some cedants make use of the new $2bn Reinsurance to Assist Policyholders (RAP) fund, The Insurer has learned.

 

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