Florida cat fund flush with cash despite Matthew, Hermine

The Florida Hurricane Catastrophe Fund (FHCF) holds $17.5bn in
liquid assets - the most since its creation in 1993, its managers
have claimed.
In addition, the fund only expects minimal charges stemming from
Hurricane Matthew and from Hermine - the first hurricane to make a
direct hit on the state in over a decade.
Matthew-related claims reported thus far total $454mn, according
to state data, while claims from Hermine total $95mn. Insurers can
seek reimbursement from the hurricane fund when...