The Citizens backstop: a precarious plan unlikely to save the Florida market
With Florida’s re/insurance market potentially just one major storm away from collapse, an Intelligent Insurer panel hammers out what needs to happen to make a real difference and, spoiler alert, Citizens is not their final answer.
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Latest fitch ratings news
US insurers likely had $1.16bn invested in failed banks
15-03-2023
Insurers incomparable to banks given stable liability profile & solvency measures.