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The regulations are part of a state effort to expand wildfire coverage. -
The estimate includes $102mn from Milton and $114mn Helene development.
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Twia’s SCS losses in Q1-Q3 2024 have been more than double the budgeted amount.
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The policies assumed represent $200mn of in-force premium.
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Most sources noted expectations of a $50bn+ event, but the range of outcomes is huge.
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Floir approved nearly 650,000 policies for takeout from Citizens for October and November.
