October 22nd, 2008
FHCF Bonding Capacity Update
Posted at 6:00 AM ET
Lara Mowery, Managing Director
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The Florida Hurricane Catastrophe Fund (FHCF) has announced changes in bonding capacity. The new estimates, voted on and approved by the Advisory Council, reflect the changes in the economic climate and emphasize the heavy dependence of the FHCF on post-event financing to meet its obligations.
