FHCF bonding projections would meet 2023-24 limit need based on $10bn Ian loss

Published: Wed 26 Oct 2022

Based on a “conservative” $10bn share of the Hurricane Ian loss and estimated bonding capacity, Florida’s cat fund advisor Raymond James projects the vehicle can meet 93 percent of its $17bn statutory limit for the 2023-24 contract year and raise more post-event debt later if needed.