Florida Citizens sells $900 million for hurricanes: Muni credit

, Daily Business Review

   | 0 Comments

Citizens Property Insurance Corp., Florida's largest real-estate insurer, is offering $900 million in tax-exempt bonds beginning tomorrow, as yields on existing debt increased after forecasters predicted the risk of a major hurricane is 62 percent higher than in a normal year.

What's being said

Comments are not moderated. To report offensive comments, click here.

Preparing comment abuse report for Article# 1202498608579

Thank you!

This article's comments will be reviewed.