Obviously there is a plentiful supply of risk capital being ventured into property & casualty re-insurance, at least for the moment. The question before you is thus: Does private sector investment continue to manage and cover Florida\’s wind risk, or does the full faith and credit of Florida\’s taxpayers manage and reinsure Florida\’s wind risk?
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Obviously there is a plentiful supply of risk capital being ventured into property & casualty re-insurance, at least for the moment. The question before you is thus: Does private sector investment continue to manage and cover Florida\’s wind risk, or does the full faith and credit of Florida\’s taxpayers manage and reinsure Florida\’s wind risk?