claim: citizens property insurance has "over $500 billion worth of risk, with less than $10 billion worth of surplus."
author: rick scott
evidence_1: jun 16, 2012 ... the statement. citizens property insurance has "over $500 billion worth of risk,  with less than $10 billion worth of surplus." gov. rick scott, in ...
evidence_2: citizens property insurance has "over $500 billion worth of risk, with less than  $10 billion worth of surplus." — politifact florida on wednesday, june 13th,  2012.
evidence_3: may 30, 2013 ... the transaction involves the citizens property insurance corp., ... if insurance  companies needed to have cash surpluses close to the value of their total risk, ...  the “less than $10 billion” cash surplus—now $6.4 billion, actually—has ... what  would it take for florida to actually have to pay out $500 billion in ...
evidence_4: apr 2, 2010 ... the citizens property insurance corporation and the florida hurricane ...  affordability tends to concentrate rather than spread risk. ... yet that is far less  likely for events such as hurricanes that affect .... surplus, leaving a gap of about  $20 billion. ... citizens also has $1.06254 billion worth of post-event bonds ...
evidence_5: state of insurance markets ten years post-hurricanes katrina and rita summit  ... a state of insurance markets ten years post-hurricanes katrina and rita  summit at the university of new orleans (uno) on august 11, 2015. state of  insurance 10 years post-katrina publication · property insurance market  overview video