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The RfP covers the CEA and/or the California Wildfire Fund. -
The carrier has added $5mn to the target limit bringing it to $105mn.
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Managers are hoping strong returns in 2023 will aid capital raising efforts.
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Pockets of new capital will not shift pricing at mid-year.
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Pricing on the Class A notes moved toward the lower edge of guidance.
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The state carrier is moving to redeem its 2022 Everglades issuance a year early.
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The carrier is seeking to raise $100mn of coverage.
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The carrier is seeking named storm coverage in the state of Texas.
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The carriers are seeking up to $130mn of named storm coverage.
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The coverage is for any named-storm loss event in Florida.
