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Florida Cat change

The Florida legislator’s dramatic intervention in the State’s catastrophe (re)insurance market at the end of January will wipe out up to $2bn in reinsurance premiums and will have a dramatic effect on the worldwide property catastrophe market, a leading commentator has claimed.

The comments were made by VJ Dowling, managing partner of Dowling & Partners Securities at a teleconference by the firm in conjunction with broker Guy Carpenter to discuss the impact of Florida’s

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