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Florida to Borrow Billions to Backstop Insurers After Hurricanes

(Bloomberg) Florida is planning to borrow as much as $3.8 billion to infuse a state fund that reimburses property insurers for losses when homes are damaged or destroyed by hurricanes.Most Read from BloombergFlorida Governor DeSantis Drops Out of 2024 Race, Endorses TrumpHong Kong Stocks at 36% Discount Show True Depth of China GloomMorgan Stanley, JPMorgan Say Buy the Dip After Treasury RoutNever Trumpers Brace for New Hampshire ShutoutGloom Over China Assets Is Spreading Beyond Battered Sto ....

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