Tag: catastrophe bonds

North Carolina Innovates Catastrophe Bonds to Fund Wind-Resistant Roofs

North Carolina launches a $600M catastrophe bond linking insurance payouts to wind-resistant roof installation, pioneering disaster mitigation funding and insurer risk reduction.

Florida Homeowners Could See Lower Windstorm Insurance Premiums in 2024

Florida's 2024 homeowner insurance premiums may decrease as reduced reinsurance costs and tort reform lower windstorm risk expenses. Market stability emerges post-2024 hurricanes.